Palatrader

DXY Where is it going to go?

TVC:DXY   U.S. Dollar Index
DXY seems to be a down trend since a high of 114 in September last year.

Lots of consolidation currently with where it sits, could fall further if it break our trend line below.

I think if it bounces back off this trend line we may be able to visit September highs again. Does to be in a bit of a bull flag also.

Lets see how it goes.


Feedback would be highly appreciated,

All the best
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.