SMZ_SIGMACAPITAL

DXY Dollar index 4H TF

TVC:DXY   U.S. Dollar Index
As i posted yesterday on this chart. DXY has broken the 4h tf trendline and hovering above support. DXY have inverse correlation with EURUSD.

Here are the scenarios:

1. A potential push to the downside
2. A strong pullback to the trendline before price going south
3. Or the short positioning will be invalid if theres a strong bullish candle

Lets wait and see

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.