The dollar is declining as US uncertainty continues and cash moves out of the US. I personally think the dollar will bounce, but how far could it fall in the meantime...
Good luck!
- Price is testing the previous monthly horizontal resistance as support and the monthly 100 SMA. The dollar may find a bottom here. From 98 to 100 on
DXY - Price may reach the monthly bullish channel support. There will likely be technical buyers in this area. From 95 to 96 on
DXY
Good luck!
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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.