Disclaimer I am a beginner:

The DXY has been bullish for the entire year. Its been making Higher Highs and Higher Highs. The DXY has been trading above the 200 EMA. The price retested the previous resistance and has not broken it.

I will would wait for the a strong bullish candle on to enter this trade.

Confirm with fundamentals for the outlook of the index.
Trend Analysis

Feragatname