Since the beginning of 2021, the dollar index has been bullish, and every pullback was not below the 38.2% Fibonacci level. Now we are testing that level again. If the dollar withstands all pressures, we will return to a longer-term bullish trend with the potential formation of a new higher high. This week and next could be crucial for the longer-term trend of the dollar.
Note
Note
Related publications
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.
Related publications
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.