RobertSoos

DXY - USD failed break-out on D1

Short
TVC:DXY   U.S. Dollar Index
Market expectation on bullish Fed very high, I expect any weak reading on US data will harm USD strongly.
Technically: daily chart shows failed break-out attempt + reversal candle pattern. REvert to mean, 200 DMA is my expectation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.