📈💪 DXY at Support: Bullish Path to 106 & 112 Targets 🎯🚀
It seems like traders and investors are showing a preference for holding cash, as precious metal prices, cryptocurrencies, and the US30 are all experiencing major resistance. This could suggest a lack of confidence in the current market conditions. However, on a positive note, the DXY and UUP have managed to find support on the 3-weekly chart, indicating that some investors are still bullish on the US dollar.
UUP 3 weekly finds support:
https://www.tradingview.com/x/TEWGM3y0/
Target 1: 106
Target 2: 112
UUP 3 weekly finds support:
https://www.tradingview.com/x/TEWGM3y0/
Target 1: 106
Target 2: 112
Related publications
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.
Related publications
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.