traderchamp_

DXY ON SUPPORT WITH POSSIBILITIES OF A BOUNCE BACK

Long
TVC:DXY   U.S. Dollar Index
DXY is back on important support where we have seen some slowdown in the sell-off pressure formed recently over the Dollar index. Here I am expecting a decent pullback if the price respects the historical price action following the support formed close to the current market price. If the reversal happens as expected we may see a nice bounce back toward 103-105.

Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. 🙌🏻😎

📌For more details regarding this chart update, please message me on tradingview chat. Thank you!

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.