The US dollar index is trading on the weekly chart in a strong bullish channel, bouncing from the bottom edge of the channel upwards, to finally settle the uptrend.
We expect the rally to continue and the index to maintain the bullish trend strongly for the US dollar, reaching 99.50 and 100.30 levels
The above also supports the price scenario on the daily chart, breaking the descending channel, and retesting with a great ideal of the broken channel rib, then set up
To attack the previous high at 98.45
Current look DXY ascension
We recommend Buy until the upper side of the ascending channel while keeping the stop loss 97.30
