DXY : Critical Moment
Updated
DXY touched a critical support trendline formed from the Feb 2018 and Jan 2021 lows,
and is now hovering just above that line.
Also, at the end of Mar 2021, DXY was rejected at the 300 EMA,
which was previously a significant support :
Now DXY is in a tight spot between the descending 300 EMA and the critical support trendline.
I think that the next few days will be critical,
so I will be keeping an eye on this.
// Durbtrade
and is now hovering just above that line.
Also, at the end of Mar 2021, DXY was rejected at the 300 EMA,
which was previously a significant support :
Now DXY is in a tight spot between the descending 300 EMA and the critical support trendline.
I think that the next few days will be critical,
so I will be keeping an eye on this.
// Durbtrade
Note
Here we are : Note
And here is the 1 week view, zoomed out : 
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