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ICE-Forex
Mar 6, 2023 9:07 AM

DXY-105$ Long

U.S. Dollar Currency IndexTVC

Description

DXY Analysis
I don't think the FED will make a dovish statement, because the latest inflation data are high. There may be harsh movements after the FED. I expect the rise to continue in the long run.


When We Examine the Daily Chart; As long as the 104.400 level is not broken, we can see an upward movement towards the 105.500 level. We can see the $105.5 levels as the daily ups and downs are balanced and the trend direction is up.
Comments
TradingShot
Strong setup. Thanks for sharing.
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