The DXY is expected to make a minor bullish move until it reaches the 101.56 level. From there, a bearish reversal is anticipated, potentially driving the index lower until it forms a new lower low or reaches the key support zone between 96.80 and 95.40. At that level, a significant bullish reversal or a strong upward movement is likely to occur.
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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.