wnsda

Dxy to trendline

Short
wnsda Updated   
TVC:DXY   U.S. Dollar Index
Euro seems to be supported by long term 61.8% fib level of 2018 to 2020 bear market at 1.1825, aided by supports from GBP being dug back to above support at 1.38 and UsdCad rebounding from 125.9 resistance (Jan 2021 low).

Trendline support likely to be tested if supports from these currencies continue while keeping mindful of Yen's sketching of what appears to be a right shoulder in the making of a H&S since mid June.
Order cancelled:
USD looking too strong, particularly against the Yen.
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.