abhivik

DXY Weekly forecast 12 November onward

Long
TVC:DXY   U.S. Dollar Index
Last week due to the U.S midterm elections, we were not able to get any clear direction for any of our charts.

In the coming week, keeping the way market acted and structured, we will be looking for a bullish bias with DXY.

If we get a pullback and retest, preferably at the support 96.05, we'll be looking for long opportunities with our target set at 97.80
If price breaks our first target, our second target will be at 98.47
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.