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U.S. Dollar Index
Long

DOLLAR INDEX (DXY) Bullish Setup Explained 💵

By VasilyTrader
snapshot

Hey traders,

Dollar index reached an important zone of confluence based on a horizontal demand zone and 618 retracement of the last bullish impulse.

The price formed a tiny inverted head and shoulders pattern on that on 1H time frame, confirming the strength of the underlined zone.

I expect a bullish move now to 110.98 / 111.

❤️If you have any questions, please, ask me in the comment section.
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dollarFibonacciForexHead and ShouldersindexindexesMultiple Time Frame AnalysisTechnical AnalysistradingUSDDJ FXCM Index
VasilyTrader
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