U.S. Dollar Index
Long

DXY Is Bullish! Long!

522
snapshot
Here is our detailed technical review for DXY.

Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is on a crucial zone of demand 104.728.

The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 105.621 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!

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.