The Dollar index is testing a strong resistance zone ahead of #FOMC.
The zone includes structure and 3 SMA lines (all resistance by now)
97$-98$ should be a tough structure to break and perhaps indicates that $DXY is about to continue lower following Yellen's press conference.
If it'll rally higher, near 99$ it'll complete a bearish Gartley pattern (blue)
Tomer, The MarketZone
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The zone includes structure and 3 SMA lines (all resistance by now)
97$-98$ should be a tough structure to break and perhaps indicates that $DXY is about to continue lower following Yellen's press conference.
If it'll rally higher, near 99$ it'll complete a bearish Gartley pattern (blue)
Tomer, The MarketZone
Follow me on TradingView
Subscribe to my newsletters -
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
