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Weekly Technical Perspective on the US Dollar (DXY)
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The US Dollar Index is up more than 9.3% off the yearly lows with the advance now approaching initial topside objectives. Here are the key targets & invalidation levels that matter on the US Dollar Index (DXY) weekly chart.Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. Notes: In last month’s US Dollar Weekly Technical Perspective we highlighted failure in the dollar index to close above the 200-week moving average while noting, “Topside ... (full story)