Trader-Dan

DXY - Testing 200 day moving average

TVC:DXY   U.S. Dollar Index
The DXY hit the target of 92.50 with an overshoot through the 200 day moving average...

It has pulled back to restest the level

It will be important to see if it can consolidate and hold this level for a continued move upwards

A close below 91.60 will signal further weakness for the dollar

Original idea in link below

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

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.