As DXY broke 3M key levels, I see no more relevant resistances until higher levels.
BUT: Let's notice RSI and how it is reacting to the price action.
Generally, a growing DXY is a short signal in the market, but it really depends on how the world economy perfrorms against USA, and how USA manages internal monetary policy.
DYOR.
BUT: Let's notice RSI and how it is reacting to the price action.
Generally, a growing DXY is a short signal in the market, but it really depends on how the world economy perfrorms against USA, and how USA manages internal monetary policy.
DYOR.
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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.