Dollar Index Triangle Formation 22.05.2024 by BDSwiss_Academy on TradingView.com
Triangle formation is now apparent for the dollar index (H1 Timeframe).
A breakout to the upside might trigger an upward movement towards the 105.
A breakout to the downside might trigger a downward movement towards the 104.4 or even at 104.10.
Fundamentals: Possible high interest rate differential in the future that could cause the dollar to gain strength now.
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