Dollar Index looking to break above
Dollar Index testing Channel high, bouncing up from double bottom. Breakout above is likely given recent fundamentals. All eyes are now on next NFP data. That will determine if FED will start tapering in September. If they do expect to see a rally in Dollar Index.
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.