DXY Bullish Rally Ahead ??
DXY Fibonacci plotted on DXY index suggests that it is consolidating its support on 101 since 01.Feb.2023.
101 is a serious support it tested in Jun2022 and we saw a bullish rally after that.
Very next resistance level will be 105 !!
Trade closed: target reached
Took a fake breakout of the support highlighted; and went up towards target !!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.