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DXY Will Go Up From Support! Buy!

Long
TVC:DXY   U.S. Dollar Index
Take a look at our analysis for DXY.

Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The price is testing a key support 103.312.

Considering the today's price action, probabilities will be high to see a movement to 104.732.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

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