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Is the Dollar breakout confirmed?
U.S. Dollar Index Futures
Is the Dollar breakout confirmed?
By TrainingTrader
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Dec 3, 2022
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Dec 3, 2022
The United States Dollar Index remains under pressure throughout the week while having a momentarily breakout of the key support region at 105.0.
Last Friday's candlestick closed with a wide shadow with a small body, possibly showing sign of market indecision.
With this, reversal towards the upside is still likely but only with confirmation and keep stop tight.
What are your thought?
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DXY
Support and Resistance
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