KimboSlice04

DXY WEEKLY OUTLOOK OCT 25 - NOV 1 2021

TVC:DXY   U.S. Dollar Index
DXY ended the month off with a strong weekly close correcting the pullback phase after creating new highs. however, the monthly did close weak bearish but still above previous monthly highs at 94 price level.
Tapering is "supposed" to begin as early as November but that could very well be delayed you never know how it might play out but it has been priced in since Junes FOMC with the double bottom as the lows of 89.5 price level.
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.