KlejdiCuni

DXY In a Critical Moment

TVC:DXY   U.S. Dollar Index
During the last 24 hours, DXY has been stuck between 104.23 and 103.75 and decreased by -0.45%
103.75 is an area where DXY found buyers again and is rising so far.

Today's focus remains on the US Core Personal Consumption Expenditures - Price Index on a yearly and monthly basis.
It should be a strong market catalyst for the US dollar moves today.

A move of #DXY above #104.23 will give some breath to the US dollar today. Otherwise, if the opposite happens and the price moves below 103.75 another bigger door should open for the US dollar and a bigger bearish wave may happen during the coming days.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

✅MY Free Signals
t.me/TradingPuzzles

✅Personal Telegram
t.me/KlejdiCuni

✅YouTube
www.youtube.com/@TradingPuzzles
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.