Last week, we mentioned that the Dollar Index has formed a descending triangle and the direction of the breakout would give us the indication of the next move.
Price broke out towards the downside and the next major support would be at the 105.00 orange region as indicated on the chart. This region can be seen as a major supportive level as it is:
1. Horizontal support
2. Measured Move of the Descending Triangle
3. Possible 200 SMA support if price continues within the downside
Price broke out towards the downside and the next major support would be at the 105.00 orange region as indicated on the chart. This region can be seen as a major supportive level as it is:
1. Horizontal support
2. Measured Move of the Descending Triangle
3. Possible 200 SMA support if price continues within the downside
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。