Update on DXY Uptrend
█ OVERVIEW
DXY is the US Dollar Index and provides insight to the strength of the US Dollar at the given moment in time.
DXY is in clear uptrend, and coming onto the support trendline it has been using since September 20. Current price level is 106, and a break down from here would lead to touch of support at 105. a bounce up looks to retest 107 and continue onward toward 108.
DXY is the US Dollar Index and provides insight to the strength of the US Dollar at the given moment in time. DXY is in clear uptrend, and coming onto the support trendline it has been using since September 20. Current price level is 106, and a break down from here would lead to touch of support at 105. a bounce up looks to retest 107 and continue onward toward 108.
Eric Thies
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.