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Wednesday, March 29, 2023

Technical: DXY: US Dollar Bullish Breakout to Target 103.50

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Alert Alert Mar 29, 2023, 11:48pm
 
Technical: DXY: US Dollar Bullish Breakout to Target 103.50
I've written about the US Dollar Index (DXY) 102.50/60 area a few times this month. It's a key horizontal, the golden pocket, and the bottom of a short-term descending channel. We saw the DXY defend 102.50 last week with a bullish pin bar on Thursday. Bulls followed through on Friday, but the dollar bull case has faltered a bit since then. However, the ...
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