Counter trend move for DXY
The #DXY is appearing to be starting a counter trend move and should the move continue, 92 is the big level to watch. Due to the negative correlation with USD strength, risk assets and especially equities are unlikely to perform as the move unfolds.
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.