DXY- A new leg up is more and more probable
After reaching 89.20 low, Usd Index seemed to have found some life and corrected to 91 zone.
A new attempt from bears was met with strong buying in 90 zone and at this point, it looks like we have a higher low in place.
I expect a new leg of correction from DXY and my bullish bias will remain intact as long as 90 support is intact.
My target for Usd Index is 92 resistance and I will look to sell EurUsd and AudUsd and buy UsdCad into this correction
A new attempt from bears was met with strong buying in 90 zone and at this point, it looks like we have a higher low in place.
I expect a new leg of correction from DXY and my bullish bias will remain intact as long as 90 support is intact.
My target for Usd Index is 92 resistance and I will look to sell EurUsd and AudUsd and buy UsdCad into this correction
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