Hsnajafi

DXY Possible Bounce

TVC:DXY   U.S. Dollar Index
DXY have been previously held by this long term trend line going back to April 2011. Also the market is at a quite strong support level. RSI is at support level as well. Recently USD has been under pressure by fundamentals, pay attention to critical data this week (Friday's NFP numbers and the potential passage of the financial relief package by the US Congress). Targets for DXY from here are 95.50, 96.60 and 97.50.
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.