Dollar Index: Sideways opportunity on 4H.

DXY has successfully tested the 92.50 Support today twice. If it holds then on the 4H chart (RSI = 39.680, MACD = -0.240, ADX = 46.240) then that is a solid sideways opportunity within the Support and the 94.00 Resistance (which has also been tested twice (red arrows). As you see the MACD pattern is quite similar with that of the June consolidation.




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Chart PatternsCurrenciescurrencydollarindexDollar Index Futures DX1!DXYForexTechnical IndicatorsTrend AnalysisDJ FXCM Index

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