fxspott

DXY Forecast Update

Long
TVC:DXY   U.S. Dollar Index
According to our previous analysis we expected DXY to hit 90.9 or 90.6 then back to 91.6
DXY hit 90.9 today then made a reversal heading back to 91.6
Currently trading at 91.18-16 range
We expect DXY to continue to rise as US10Y has hit a record high of 1.20 this morning, which should act as a catalyst for DXY's uptrend.
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.