dan68608

DXY: finally indicative signs

TVC:DXY   U.S. Dollar Index
Yesterday there was the break of the support of the reversal figure, the first target is reached, the main trendline, let's see how it will behave today, it is interesting to understand the reaction to the next support 94.50

If it will have a strong reaction and therefore the trendline is temporarily perforated or will confirm with a pullback or continuation

In the second case we can say that it is a first sign of Risk-On on the financial markets and therefore the dollars could exit the safe haven assets and return to investment and speculation assets

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.