DXY ranging in a bullish flag pattern. DXY will enter to bull cycle if it moves to upper levels. DXY needs to close 50MA in daily line and it should be established above 50, 200 MA.
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Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Trade active:
DXY is now rejected from Weekly mid level and daily resistance level. It's still bullish if that bounced from daily mid level.
Trade active:
DXY might touch 105 level in upcoming weeks.
Trade closed manually:
DXY lost the strongest support at 100.