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DXY (USD Index) Daily Analysis June 27th, 2022

Long
U.S. Dollar Index (TVC:DXY)  
ForexLeague  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators Forex forexleague forexsignals DXY priceaction
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DXY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish

Trade scenario 1: Still very bullish on DXY and we are still resting near 103.000 waiting for bullish conviction to step in.

The most likely scenario is that we will see price action rally off 103.000

Trade scenario 2: For us to consider DXY bearish we would need to see a break of 103.000 support with a lower high below.
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