DXY LONG (WEEKLY & DAILY) PERSPECTIVE
As you guys already knew. Dxy doing pullback move. in fundamentally side,. CPI and inflation numbers are so bad. high inflation makes dollar doing corrective pullback. the monthly nfp report also shows bad numbers. on my weekly and daily analysis, dxy testing the weekly trendline+ daily demand area. and now slowly form a bullish engulfing candle on daily time frame on these levels. we can expect dollar to moving up on couple weeks from now to test the fresh supply area. we need to see the reaction on this level to see the further move.
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