Dollar Index (DXY): Trading Plan Ahead of the FED 💵

Dollar Index keeps consolidating.
The market is stuck within a narrow range on a daily.

It feels like the market participants are waiting for the FED interest rate decision next week.

Pay attention to the boundaries of the range.

Its bullish breakout will be a strong bullish confirmation.
A bullish continuation will be anticipated at least to 104.15 level then.

If the price violates the support of the range and closes below that on a daily,
a bearish continuation will be anticipated to 102.22 support.

Patiently wait for a breakout, it will give you a strong confirmation.

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