Dollar Index (DXY): Important Decision Ahead 💲
FOMC coming today.
Dollar index is approaching a solid horizontal daily resistance.
Depending on the words of the Powell, the market will either violate that structure or retrace from that.
A bullish breakout of 103.6 and a daily candle close above that will confirm the dominance of bulls.
It will push the index much higher.
The next strong resistance will be 104.74
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.