$DXY Monthly Outlook
This recent 
DXY move over the 103 area looks great to me, if it can hold. This odd 103-105 zone hadn't had a candle close inside the 80s I believe. A reclaim of the 105 area and IMO 110 is very attainable, especiaally in this macro-economic siutation.
However, it has printed only 3 red months since June '21, so a small pullback soon would not be too unexpected.
ButDXY looks bullish IMO overall, especially for this coming summer/fall. Recession time?
DXY move over the 103 area looks great to me, if it can hold. This odd 103-105 zone hadn't had a candle close inside the 80s I believe. A reclaim of the 105 area and IMO 110 is very attainable, especiaally in this macro-economic siutation.However, it has printed only 3 red months since June '21, so a small pullback soon would not be too unexpected.
But
DXY looks bullish IMO overall, especially for this coming summer/fall. Recession time?
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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.