U.S. Dollar Index
Long

Dollar index direction bias

47
we will use this index to determine our trade on the dollar crosses.
after the bullish move from last year july in which price broke structure to the upside price then make a pullback to 0.236 fib at a key support, price formed a hanging man then price as been bullish since then breaking counter trendline on daily. on 4hr price consolidate for some time then the break out happens, now we are waiting for retest before the bullish move continue

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.