jlantrip

DXY nearing .5 retrace, looking for a pullback

INDEX:DXY   US DOLLAR CURRENCY INDEX
Dollar is approaching the .5 retrace from the Covid high, quite a bit of confluence from the channel and pitchfork as well as previous congestion in this area. When the dollar pulls back it sets up the next big move in metals/crypto/stocks. Keeping a close eye on this level.
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.