DOLLAR INDEX (DXY) Key Levels to Watch 💵

2 thg 12, 2021

It looks like a correctional move started on Dollar index.
Here are the key levels for you to watch:

Vertical levels:
The market is currently trading within a huge rising parallel channel.
Its upper boundary is the closest resistance to watch.
Its lower boundary is the closest demand point.

Horizontal levels:
97.5 - 97.4 is the closest horizontal supply area
94.3 - 94.75 is the closest horizontal demand area
93.0 - 93.4 is a strong support zone to watch

The next trend-following move will most likely start only once the price reaches a vertical support.

❤️Please, support this idea with like and comment!❤️

3 thg 12, 2021

Ghi chú

Check my new idea on AUDCHF: