DXY is on an upward path, albeit with some hesitation.DXY is attempting to move away from the bottom of the channel and target higher levels. If the 101.14 level is broken, we can expect the median line of the advancing channel to be reached in higher timeframes. However, it is important to note that the release of economic data has been halted due to the government shutdown, which must be taken into consideration. Additionally, the FOMC’s decision to either lower or maintain Funds Rate is another key factor influencing this situation.
