U.S. Dollar Index
Long
Updated

DeGRAM | DXY descending channel breakout

662
DXY is moving above the descending channel and trend lines.

The price broke through the resistance level, which coincides with the 50% retracement level of the bearish momentum.

We expect further growth after consolidation above the resistance.

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Trade closed: target reached
The downward structure is broken and the index has successfully reached the resistance level

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