DXY has been consolidating for a couple months after the large pullback that started in September. This consolidation is expected to continue over the new few months, with price expected to test at least the 107 level.
It is reasonable to expect the 110 breakdown level to be tested before another high timeframe round of weakness that will eventually break below the early February lows. This continued DXY consolidation and retrace over the next few months will likely limit upside on the major US indices and commodities.
With the recent Fed decision indicating continued focus on fighting inflation, this DXY retrace trend will likely continue until the Fed starts to signal a shift in their policy direction.
It is reasonable to expect the 110 breakdown level to be tested before another high timeframe round of weakness that will eventually break below the early February lows. This continued DXY consolidation and retrace over the next few months will likely limit upside on the major US indices and commodities.
With the recent Fed decision indicating continued focus on fighting inflation, this DXY retrace trend will likely continue until the Fed starts to signal a shift in their policy direction.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.