U.S. Dollar Index
Long

DXY- Will it break?

509
Since the recent 89.50 low, USD Index is trading upwards, putting in higher lows on our chart.
At this moment DXY is facing resistance at around 93 and a break looks imminent.
If we indeed will have this break, 95 is the next target.
This outlook is valid as long as the price stays above the recent low
Selling EurUsd, GbpUsd, AudUsd and NzdUsd can be a good idea

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.