Technical Analysis
#DXY H4
Based on the Dollar Index's price action at the current resistance zone, the potential scenarios have been identified. The index is expected to experience some consolidation and a corrective move before breaking above the resistance zone and continuing its upward trend.
Otherwise, a potential trend reversal and the beginning of a bearish move may occur.
⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the market's next scenario.
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