The DXY chart, on a 1 hour/4 hour timeframe reveals a bullish flag pattern in the making. While it is expected to bounce around a bit, it is ultimately getting ready to shoot its way out and go higher. For those trading in USD-related pairs, be sure to keep an eye out on this and plan accordingly.
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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.