If the Dollar Index manages to close above the 100 level today, following the important news release, there's a chance the upward move could continue toward the key 101 zone next week.
However, unless it breaks above the 101 level with strong momentum, the overall trend in the higher timeframes still remains bearish.
However, unless it breaks above the 101 level with strong momentum, the overall trend in the higher timeframes still remains bearish.
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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.