The DXY price has been on an upward trend in the past week and is currently within an ascending channel. There is a minor key zone ahead, and I anticipate a potential pullback to the support trendline of the channel before the upper key zone can be broken.
However, if the sell pressure is too strong, the price may fail to break above the key zone.
I rely on DXY to determine the market's direction, which aids me in trading Forex pairs based on the DXY trend.
What are your expectations for DXY? Please like and comment below.