Following on from Captain_Walker's post about DXY.
I believe the dollar will strengthen over the coming weeks after breaking out of its range.
Currently, DXY is bouncing off of the trendline and RSI is flashing a bullish continuation signal.
Assuming a higher high is made, we could see the start of an uptrending dollar.
I believe the dollar will strengthen over the coming weeks after breaking out of its range.
Currently, DXY is bouncing off of the trendline and RSI is flashing a bullish continuation signal.
Assuming a higher high is made, we could see the start of an uptrending dollar.
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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.