Get started
GhostSquawk

Dollar index on the cusp of breaking out - #dxy $dxy #forex $eur

Long
U.S. Dollar Index (TVC:DXY)  
GhostSquawk  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
The dollar index is trading back the top of the range of our bull wedge and appears to be on the cusp of breaking out higher. The resistance at 99.30 is likely going to give way to the dollar index as it tries to move towards the 100 handle. With the technical aligning and the fundamentals aligning, we believe that its highly likely these levels will be taken out early this week.
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.