US DOLLAR INDEX(DXY): Bear Trap & Bullish Movement ðĩ
A clear bear trap can be observed on the 4-hour chart of ðDXY.
Price initially dropped below a significant support level but quickly rebounded and surpassed a resistance line in a descending channel.
This breakout suggests potential for upward movement, with targets at 104.41 and 105.00.
Price initially dropped below a significant support level but quickly rebounded and surpassed a resistance line in a descending channel.
This breakout suggests potential for upward movement, with targets at 104.41 and 105.00.
Join our Telegram channel for daily market update ðð
t.me/TheAceTrading
For paid signalðð t.me/linofx1999
t.me/TheAceTrading
For paid signalðð t.me/linofx1999