Get started
TheTrex

USD Currency Index (DXY) - Signaling potential down reversal

U.S. Dollar Index (TVC:DXY)  
TheTrex Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Technical Indicators Chart Patterns DXY dollar
13
2
trendanalysis indicator chartpattern dxy dollar
DXY made a lower high and MACD just crossed bearish on the weekly chart. The index is likely to go lower and retest some levels at 92.5-93, meaning that commodities will perform bit better compared to the weakening dollar.
Trade active
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.