YellowZebra5

US DOLLAR INDEX (DXY): Looks for potential pullback to 89.0 area

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
dxy
DXY is overbought near term. A pullback to the 20 day moving average area near 89.00 is expected where buyers may step in. Over 89.15 (YTD high) would resume strength towards 90.00 next.

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.