DXY Begins to Unwind
The DXY has retraced a bit but found support at 105.78. The retracement follows as the dollar strength is unwinding due to investors gradually flowing back into other assets, as they seem to be anticipatign a more dovish Fed after GDP numbers yesterday formally confirmed that we are in a recession, by definition. We got a nice pivot from 105.78, which took us back to the value area between 106.13 and 107.20. If we are able to break out, then 108.50 is the next target. If we retrace further, then 105.25 should provide support.
Join my discord at discord.io/quantguy
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。