Dollar Index (DXY): Trading Plan Ahead of the FED 💵
https://www.tradingview.com/x/uYCsL8vF/
Dollar Index keeps consolidating.
The market is stuck within a narrow range on a daily.
It feels like the market participants are waiting for the FED interest rate decision next week.
Pay attention to the boundaries of the range.
Its bullish breakout will be a strong bullish confirmation.
A bullish continuation will be anticipated at least to 104.15 level then.
If the price violates the support of the range and closes below that on a daily,
a bearish continuation will be anticipated to 102.22 support.
Patiently wait for a breakout, it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
Dollar Index keeps consolidating.
The market is stuck within a narrow range on a daily.
It feels like the market participants are waiting for the FED interest rate decision next week.
Pay attention to the boundaries of the range.
Its bullish breakout will be a strong bullish confirmation.
A bullish continuation will be anticipated at least to 104.15 level then.
If the price violates the support of the range and closes below that on a daily,
a bearish continuation will be anticipated to 102.22 support.
Patiently wait for a breakout, it will give you a strong confirmation.
❤️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.