Turla

The dollar is at the head of a support

TVC:DXY   U.S. Dollar Index
Description:

In recent days, we have witnessed a sharp and continuous fall of the dollar, and now it has reached a minor support. It also has a strong downtrend line, which cannot be broken until it is broken.

Due to the sharp falls, it is likely that it will once again touch the downtrend line and correct some of the other currencies in their uptrend. In this case, we should see the fall and rise of other currencies.
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.