Dollar Index (DXY): Bullish Trend Continuation Pattern

٢٨ يونيو

https://www.tradingview.com/x/pZJW2FWu/

I see a nice bullish pattern on an hourly time frame on Dollar Index.
After the price set a new higher high, the market started a correctional
movement within the expanding channel.

Such a channel is called a bullish flag pattern.

Bullish breakout of the resistance of the flag is a strong bullish
trend-following signal that indicates the strength of the buyers.

With a high probability, the market will keep growing.

Next resistance - 106.25

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