U.S. Dollar Index
Updated

Bullish DXY after Bearish Momentum

71
DXY Expected to Turn Bullish
There was a fakeout observed on the 1-hour timeframe, indicating a potential higher low (HL) formation and a possible breakout to the upside.

DXY Bullish Bias:
Consider buying USDXXX pairs or selling XXXUSD and Gold.
Trade active
Price has Broke to the upper side as per expected. lets wait for the next move.

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.