DXY - Observation
The Dollar Index has once again from support in the major support zone and made its way back to the down sloping 200dma.
Above $104.15 things could really interesting here..
The DXY index is the symbol for the US dollar index. It tracks the price of the US dollar against six foreign currencies, aiming to give an indication of the value of USD in global markets. The index rises when USD gains strength against the other currencies and falls when the dollar weakens.
Above $104.15 things could really interesting here..
The DXY index is the symbol for the US dollar index. It tracks the price of the US dollar against six foreign currencies, aiming to give an indication of the value of USD in global markets. The index rises when USD gains strength against the other currencies and falls when the dollar weakens.
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