DXY looks to extend further last week’s rebound, although the 106.00 region proves to be quite a strong barrier for the time being.Once the 106.00 hurdle is cleared, the index could then embark on a potential test of the November peak at 107.11 (November 1) ahead of the 2023 high of 107.34 (October 3).
In the meantime, while above the key 200-day SMA, today at 103.60, the outlook for the index is expected to remain constructive.
🟢Free Signals:
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
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.
🟢Free Signals:
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
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.