yosza

DXY ambiguity

yosza Updated   
TVC:DXY   U.S. Dollar Index
DXY

The monthly trendline is so strong, but please keep in mind that the US is "under attack".
I think something will happen to push the DXY to break the ATH.

But a fake breakdown is also possible.
Just prepare both possibilities.
Comment:
USD always rebound in the trendline.
It looks promising that the uptrend will start in a few months.
I will update in another post.
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.