110 is a huge resistance for DXY. It could drop towards 96
110 is a big resistance for DXY. It could slide to 96. The dollar is in a perfect upward trend, backed by souring war sentiments and inflation fears. Now there are looming recession fears, which could stop the Federal Reserve from hiking rates aggressively. The European Central Bank has said it is open to increasing interest rates. EURUSD buyers will get some support due to this.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.