After breaking above the rounded bottom that I've spoken about, DXY accelerated its gains and made a local high shy under 97. Now the index is in a normal correction and this can give traders the opportunity to sell rallies in major USD pairs (EurUsd, GbpUsd, NzdUsd, AudUsd) Only a break back under the neckline's pattern would put a pause in this scenario
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.