DXY is approaching major decision zone with a strong support trendline at around 99.34. This level is also underpinned by its 50-day moving average.
If you are looking to go long, wait for descending channel breakout and confirmation. I would also wait for today's PCE Price Index release...
If you are looking to go long, wait for descending channel breakout and confirmation. I would also wait for today's PCE Price Index release...