DXY turning tides?

The greenback looks stronger this week, gaining back its losses previous week slowly. Blue rectangle area is a strong resistance zone as we've seen price bounced from this area a couple of times. If price successfully breaks above, my bias on USD would be bullish LONG TERM.

As long as this daily candle closes with momentum to the upside, I believe the DXY is turning back up. Let's see...

Kommentar:

Price might be forming a solid double bottom. Crucial thing to watch is whether ECB is dovish or hawkish in the coming days because this could announce a STRONG Dollar comeback. Or also push the Greenback further lower

www.tradingview.com/chart/9k3hQFWO/

Kommentar:

Sorry, ignore the previous link. Here is the updated chart idea just posted: