topsolutions

Is DXY getting bullish?

TVC:DXY   U.S. Dollar Index
From my previous analysis, I marked that vital zone downside that includes various support line following a demand zone. After the strong reject from that support line, DXY is looking for another supply zone. I expect the price will receive a rejection. After the pullback, DXY may break that resistance line above and continue its bullish trend line above as fundamentally US Dollar is strong.
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.