DXY outlook
After breaking between 93.8 - 95.5, the $ has pushed into an interesting spot. Taking a parallel off the lows in 2011->2014 we get a slope that has acted as a good pivot in price. Along with the 38.2 slope in the pitchfork there could be some resistance here. Having squeezed through the 50% fib retrace will momentum push us through this spot too?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.