DXY USDollar Weekly Continuous
Updated
The high to low cycle in the dollar is looking to complete the primary target at the 88% retracement price at 102.25.
**High to low cycle: Pivot high to Low retracement and have price action surpass the 24% retracement and downtrend line. Move up to fill the 38% target and hold uptrend without making a new low.
Further upside targets
Resistance above at 103.96
Support at 96.94 and 94.58
**High to low cycle: Pivot high to Low retracement and have price action surpass the 24% retracement and downtrend line. Move up to fill the 38% target and hold uptrend without making a new low.
Further upside targets
Resistance above at 103.96
Support at 96.94 and 94.58
Note
The primary target objective is complete with price taking out the 88% 102.25 target and completing a double top at 103.95. Strength above will look for targets in the 105.00 to 108.00 area. Potential up to the 165% target at 113.00
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