As US economy recovers due to a surge in private sector employment levels and a hawkish outlook by Fed Cair Powell, which may cause DXY to rise in future.
DXY
The chart reveals testing the important support at 1.22425. Expect a firm rebound upwards, possibly forming a channel. A break over 100 EMA and the trend should prove to be a green light for a buy.
DXY
The chart reveals testing the important support at 1.22425. Expect a firm rebound upwards, possibly forming a channel. A break over 100 EMA and the trend should prove to be a green light for a buy.
