As it’s clear on the chart, US dollar index has mad higher highs and broken out the resistance levels. Price is in a strong uptrend.
Currently, Price is facing a strong bullish pressure and currently, has broken the bullish pennant pattern to the upside and closed a bullish 4H candle above the pattern.
I expect a rise on DXY around 101.600 which is as the same length as the pennant’s pole.
Currently, Price is facing a strong bullish pressure and currently, has broken the bullish pennant pattern to the upside and closed a bullish 4H candle above the pattern.
I expect a rise on DXY around 101.600 which is as the same length as the pennant’s pole.
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