Dollar Index (DXY): Waiting For Breakout 💵

٨ ديسمبر ٢٠٢٢

Dollar Index is coiling around a solid horizontal supply area on 4H.
The price formed a head and shoulders pattern, testing that.

The next bearish move will most likely initiate after a breakout of its horizontal neckline.
We need a 4H candle close below 104.87 - 105.05 to confirm the breakout.

Goals will be 104.18 / 103.8

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