USD is breaking out of a bull flag, refusing to go below $100

Seeking Alpha ·

The U.S. Dollar Index ( DXY ) is breaking out of a bull flag pattern Thursday morning after holding firm above the psychological $100 level. The index has refused to fall back below that key threshold, signaling continued strength in the greenback, Donovan Jackson, analyst

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The US Dollar Index (DXY) is showing a rebounding bullish pattern and holding above $100. This suggests that the strong USD trend will continue.

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The DXY is maintaining its upward momentum, and the strong USD is likely to persist.

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Bullish (Long) 42% · Bearish (Short) 58%

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