Dollar Index (DXY): Breakout & Demand Zone 💵
The Dollar Index successfully surpassed and closed above the neckline of an ascending triangle pattern and a significant resistance downward trend line.
The current price is undergoing a retest of this broken structure, and I anticipate a bullish movement to occur from this demand zone. My targets are set at 105.11 and 105.40.
The current price is undergoing a retest of this broken structure, and I anticipate a bullish movement to occur from this demand zone. My targets are set at 105.11 and 105.40.
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