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U.S. Dollar Index
Short

DOLLAR INDEX (DXY): Does The Market OVERREACT?

1 003
snapshot

It looks like Dollar Index is preparing for a retracement
after a very bullish market opening.

As a clear sign of strength of the sellers, I see
a head and shoulders pattern on an hourly
and a breakout of its neckline.

The market may drop at least to 108.6

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Candlestick AnalysisdollarDXYHead and ShouldersindexesSupport and ResistanceTechnical AnalysisUSDDJ FXCM Index

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Candlestick AnalysisdollarDXYHead and ShouldersindexesSupport and ResistanceTechnical AnalysisUSDDJ FXCM Index
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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.