DXY H4 - Short Signal

12 thg 12, 2022

DXY H4 - Break and retest play seen here on the dollar index around that 105.00 handle. We are hoping to see deeper rejections from this price leading into US CPI figures and also FED interest rate and press conference later on in the week.

The general outlook seems to be a weaker dollar on the basis inflation is starting to cool and central backs are starting to back off with the aggressiveness regarding rate hikes.