US Dollar Index (DXY) Strongly Bullish, Going Above 100

٢٣ نوفمبر ٢٠٢١

We have super bullishness on the US Dollar Index (DXY) with a long-term ascending channel.

This is the weekly chart and we have very strong bullish action since May 2021.

Just two weeks ago this index conquered MA200 with very strong indicators... There is soon for so much more.

The targets are marked on the chart.

The DXY is to 100.062 and possibly it can go beyond and hit the upper trend-line of the ascending channel.

Additional details on the chart.

Namaste.