DXY (US Dollar Index) Ideas on Daily Time Frame
Here's my analysis of the DXY on the daily timeframe:
After a significant decline in the US Dollar Index over the past few weeks, it has recently formed a bullish impulse pattern, suggesting a potential reversal upwards. The price has broken through a key resistance level, indicating a strong bullish momentum.
I anticipate the market to undergo a minor correction before continuing its upward trend.
What do you think? Comment your thoughts.
After a significant decline in the US Dollar Index over the past few weeks, it has recently formed a bullish impulse pattern, suggesting a potential reversal upwards. The price has broken through a key resistance level, indicating a strong bullish momentum.
I anticipate the market to undergo a minor correction before continuing its upward trend.
What do you think? Comment your thoughts.
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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.