DXY is at a critical moment. On the monthly view, there is a head and shoulders and price has broken the neckline. Price is now retesting the neckline to see if it is resistance. A resumption with a lower low candle would make a good short entry. Regaining the neckline and making a higher high would be a good long entry.
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.
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.