With reference to my previous post of DXY or the US Dollar Index. The price broken the strong support and most probably will retrace a bit till 102 level before it continue in the direction lower.
Therefore, we might see some bull back reaction of currency pairs such as USDJPY, EURUSD and GBPUSD before it continue in its direction. We will watch and look for good trading opportunities in both directions.
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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.