Layne_LV

DXY Market Outlook | Forex Market Breakdown

Long
TVC:DXY   U.S. Dollar Index
DXY
At a make it or break it level. The next couple of days will be really important. I believe that soon we should be seeing some big bullish movement to the upside. We could definitely see a big move to the downside as well is this support level is broken. We need to be extra cautious for fake outs right now.

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.