Get started
U.S. Dollar Index
Short

Possible Drop on DXY towards 100.60.

By AbTheTraderr
After a Strong Push Towards Yearly Record Highs, The Dollar has seemed to slow down its momentum now heading into the week. Considering the High Volatile week up ahead for the Dollar, It has a high chance of pushing down towards a healthy zone of "100.60". This area holds a lot of confluence and volume which might attract an extended bullish DXY run for a possible correction. Keep in mind that this is only possible if the dollar fails to hold up its monthly low.
Trend Analysis
AbTheTraderr

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.