CandlesofKarma

DXY Weekly Forecast | Are We Truly Ready For A Reversal

Short
TVC:DXY   U.S. Dollar Index
DXY has been on a very strong bullish run as the dollar increases in strength due to multiple hikes in intrest rates and economic sentiment. There are some " bearish" technical signs that we can see, but it is still early days for this index. It will be a huge mistake to not focus on this throughout the week.
Comment:
This analysis is complete 7/20/22

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.