The fate of Dxy is on the chopping block.
Dxy for the most part has not gone anywhere besides ranging between 60-70 pips on weekly pa range. Where to now? Even though it looks like that Dxy is on it's way to 88.40, I would hesitate to endorse that until I see a break and close below yearly open. So for now I am neutral on Dxy with a cautious upside preference.
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.