DXY rose sharply from February to October forming a steep upward trend line.In November and December prices dived to the Fibonacci 50 retracement level near the long term upward trend line.
In the coming weeks, it would make sense to see a bounce upward.
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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.