ApexBull

DOLLAR INDEX MONTHLY COMING INTO SUPPORT #FOREX LONG TERM VIEW

TVC:DXY   Valutaindex för U.S. dollar
On a monthly chart we can see that DXY is coming into strong support retesting key levels. Last time in 2018 it did similar retest it rallied to create a new range retesting the highs, are we going to get a similar reaction this time if economy enters serious recession in 2023 and DOLLAR rally will again come into play as a safe haven bid or will it blow through the support...We'll need to wait and see if we produce a bounce around the area to get long for the q1/q2 2023.

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