DXY has recently initiated a bullish breakout, departing from the previously formed bearish channel. Following a robust reversal subsequent to the confirmation of bullish signals, the price is exhibiting continued strength. There is a prospect of further upside momentum, with the next targeted objective being the attainment of new swing highs.
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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.