Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
Is DXY retesting 107 again?
U.S. Dollar Index
Long
Is DXY retesting 107 again?
By MasihNabizadeh
Follow
Follow
Oct 31, 2023
3
1
1
Oct 31, 2023
In the 4H timeframe there is a bullish movement for DXY reaching near 107 which is the main resistance level in daily timeframe.
Tomorrow is FOMC meeting so the volatility is high and i think we might see some retracement down from 107 and the the bullish trend will continue.
But I strongly suggest to do not trade near FOMC meeting.
Chart Patterns
DXY
dxyindex
Trend Analysis
USD
MasihNabizadeh
Follow
Also on:
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
.