peterbokma

DXY-NEUTRAL BUY

Long
TVC:DXY   U.S. Dollar Index
The DXY is correcting a little, and the ADX is clearly showing we have reduced the upward pressure.

It feels we may see another attempt higher, and likely support 108.00 area will hold for a mopve back 109.00 and beyond is my humble opinion.

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.