Looking forward to a positive dollar, 4hr
The DXY has a reached a strong support zone at 104,000 and we looking for a strong rejection to the upside and a very bullish week. Recent economic data shows some very positive outcome for the US economy.
Inflation has finally began to cool down, with May and June CPI prints showing a downward trend. UBS analysts show a soft landing for the US economy, with inflation on a downtrend and the Feds to yield on rates
The market trend of DXY show a strong market trend reversal of a Head & Shoulder which might be the beginning of bullish trend
Inflation has finally began to cool down, with May and June CPI prints showing a downward trend. UBS analysts show a soft landing for the US economy, with inflation on a downtrend and the Feds to yield on rates
The market trend of DXY show a strong market trend reversal of a Head & Shoulder which might be the beginning of bullish trend
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.