mytradingcornerdotcom

Dollar Index - 1D Chart Analysis

TVC:DXY   U.S. Dollar Index
Possible rebound after the price has reached the Fibonacci level which is very close as a value with the 20 days Moving Average.

If the fast line of Stochastic will cross the slow one, it can be considered as a confirmation of this scenario.

All eyes on the Powell`s speech tonight!

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.