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morrisgitau

DXY

Long
US Dollar Index (CAPITALCOM:DXY)  
morrisgitau Updated   
CAPITALCOM:DXY   US Dollar Index
Trend Analysis Supply and Demand dxylong dxyanalysis dxyindex
2
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trendanalysis supplyanddemand dxylong dxyanalysis dxyindex
DXY has broken above a key level of supply indicating a bullish momentum is still active. Presently we have profit taking going on that will send the dollar slightly lower acros s the board before the bullish move continues.
Trade active:
Price is on course to reach the unmitigated zones. I maintain a bullish outlook for Q2 2024
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