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DXY (USD Index) Daily Analysis June 19th, 2022

Long
TVC:DXY   U.S. Dollar Index
DXY Bullish Idea

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

Trade scenario 1: Still looking super bullish on DXY and we just saw price action break above 103.000 again.

From here we’re looking for a higher low followed by a bullish continuation.

Trade scenario 2: For us to consider DXY bearish we need to see structure in the form of a higher low below 103.000.

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