Dollar picked up by market buyer after CPI report announced last week.
Pinbar occurred when DXY index drop to H4 MA200 support curve at 101.37, indicating DXY bull run still on-going. However, DXY face the next challenge resistance at 103.00 price point(Daily chart). Foresee pull back ahead after reaching 103.000, and USD may confront selling pressure next week.
https://www.tradingview.com/x/hE6Y3gwV/
Pinbar occurred when DXY index drop to H4 MA200 support curve at 101.37, indicating DXY bull run still on-going. However, DXY face the next challenge resistance at 103.00 price point(Daily chart). Foresee pull back ahead after reaching 103.000, and USD may confront selling pressure next week.
https://www.tradingview.com/x/hE6Y3gwV/
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I make a living by drawing charts.
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.