RickDalebout1

DXY Analysis 2 minute daily review

Short
TVC:DXY   U.S. Dollar Index
Morning guys,

Another 2 minute daily review, let’s dive in

Yesterday the CPI came out Dovish for the USD meaning they will likely have to pause in September, which will be bearish for the index.

Today we do have some Producer Price data coming out, which will be interesting to see how it forms.
I hope to see this data coming out bearish as this will stimulate my EU buys


My overall sentiment on the Dollar will be Dovish

Cheers guys have a great trading day!

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.