The current COT data shows a bullish bias for the U.S. Dollar, with institutional traders positioning net long. Although DXY is moving sideways, this positioning suggests a likely continuation of USD strength. If price breaks above key resistance levels, it would confirm the bullish sentiment reflected in the COT report.
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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.