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Forex_Chamber
May 16, 2022 7:57 PM

US DOLLAR INDEX UPDATE 

U.S. Dollar Currency IndexTVC

Description

So many traders are expecting the fall of USD while some are still bullish on USD.
Well, I always allow the market to show itself before I conclude. For now, I'm bullish on DXY and will only change my bias when price fails to find support in either of the blue trendlines and breaks the last swing low.

Until then, shorts will be considered retracements.
Market for today is over, tomorrow, I'll review DXY to forecast it's possible moves.
Comments
zAngus
Hi, congrats on sharing your first post with the community. Hope you liked the process. Have an awesome day!
From mod @zAngus
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