U.S. Dollar Index
Short
Updated

DXY - 4H Selling opporunity

224
Analyzing the DXY, we've seen the last bearish phase executed in two distinct movements, hinting at an underlying weakness in the downtrend. The recent supply zone has indeed nudged the index downward. My projection? The DXY is likely to descend to, or even beyond, the previous low. Stay tuned for updates.
Trade closed: target reached
Wasn't it wonderful?!

snapshot

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.