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DXY breaks above April’s bear trend, eyes move back to recent highs?

by Joel Frank
5 May 2021
in Index
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The Dollar Index (DXY) was in a bear trend for most of the month of April, but in recent days has broken into more of a consolidation phase. A break above key resistance in the mid-91.00s and continued US economic optimism may open the door to a gradual move back towards recent highs above 93.00.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:12 US DOLLAR INDEX

Tags: FedNFPUS DollarUS DOLLAR INDEX
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