Lotc

DXY, Bearish

Short
TVC:DXY   U.S. Dollar Index
From the chart, dollar is continuing drop. The price is possible drop to 100 which my next support level. While 1 May , Manufacturing PMI reflect a better result compare to forecast and previous. Let's take a look on 3 May Service PMI.
https://www.dailyfx.com/news/forex-usd-jpy-price-forecast-japanese-yen-set-for-safe-haven-vs-fomc-battle-wv-20230503.html?_gl=1*yipcq*_ga*U3czS2lIR3BlTHlSLV8wQ1lRMGhUc05odUR4NnhlV0tXRGZ3WURyclZUSHBFVGhsTDBBdkpzbU9lMzB3VVMyQw..

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.