rozela99

DXY - Is the short term strength in the USD about to end?

Short
TVC:DXY   U.S. Dollar Index
I would wait before getting long the USD. With the strength in the USD today price has rallied up into 94.00. As long as 94.30 holds as resistance I would think we could see more weakness and a potential move down to 92.85.

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.