Looking at the DOLLAR INDEX (DXY), DXY might turn bearish after tapping the FVG above, potentially falling below the long-term ascending channel on the quarterly timeframe, suggesting a macro trend reversal, with price likely to break and retest 98.393 before continuing down toward the 84.464 FVG area.
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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.