The United States Dollar Index broke out towards the upside, invalidating both the descending trend line and the daily 50 exponential moving average (EMA).
Price is met with resistance level at 102.75 which can push price back towards 101.54. However, if the resistance is broken through, we may see the Dollar push towards the 104.085 region.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.