DXY has posted a weekly bullish engulfing bar, but also a Demark 9 Sequential sell set-up. I would sell this back below the weekly bull candle at 93. The Feds are hiking rates - rate hikes are yield increases. Yield up, prices down. This is nothing more than summer bear flag!!
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.