Dollar Index is currently approaching a solid horizontal resistance. The market formed a head and shoulders pattern formation on that on a 4H time frame.
Monitor the reaction of the price to its neckline. If a 4H candle closes below 105.43, a bearish movement will be expected.
Targets will be 105.16 / 104.97
❤️Please, support this video with like and comment!❤️
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.