DXY | Break or Make situation

200
Macro approach:
- The US dollar index extended its advance as US Treasury yields surged after peace talks stalled.
- Yields rose across the curve amid growing concern about US debt sustainability and persistent inflation risks tied to prolonged geopolitical tensions.
- The US dollar may remain supported as markets price in further Fed policy tightening.

Technical approach:
- After retesting EMA21, DXY bounced toward the previous swing high. The index is above both diverging bullish EMAs and the ascending trendline, suggesting an uptrend extension potential.
- If DXY closes above 101.30, the index may raise toward the following resistance at 101.70.
- On the contrary, remaining below 101.30 and closing below the ascending trendline may prompt a correction toward the immediate support at 101.00.

Analysis by: Quoc Dat Tong, Senior Financial Markets Strategist at Exness

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.