WOW DOLLOR Index is break the supportVery long time the doller index is below the 100 level this is psychological level of the market, if dollor is sustain below this is the good news for the India imerging market. This is the signal of bullish. 😍😍😍
Dollerindex
DXY Doller is very important levelNow currently the doller is very importan level, this chart is Doller inverted chart.
Year 1989, 1999, and 2016 multiple time this level is veryimportant resistant level, in the current market secnerio if the rate hike it is possible to breakout of doller price
In higher the doller price not good for emerging market like India
the price action show that on last and final move is pending, but other major index chart not show any bearsh signal.
This post is only for education purpose
Get ready for rocket moveThe script made a double bottom pattern on weekly chart near important support zone.
I am expecting an up move from here onwards.
DXY IdeaDXY Idea
IMO
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Happy Trading 😊
