US Dollar Index
Short
Updated

$DXY Bearish outlook

104
As expected, DXY continues showing weakness, with smaller increases of expected rate hikes, yields drop, and increase in CFTC net short positions, I expect the following bearish scenario to play out in the coming weeks,


Good luck and DYOR,
DXY
Note
5/6 targets hit, and downtrend continues.

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.