DXY is Ready to Move
We can see here DXY is struggling to hold above 96.6. Its my assumption that this is a bearish market and we will run into our first support area around 96.3. If that doesn't hold I think we will see it turn to resistance and start the drop to 95.6. Long GU until DXY tells us otherwise
Note
just published a short usdcad possibility based off this chart. linked belowNote
doesn't look good for DXY 96.3 - 96.2 is weak
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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.