DXY STILL STRONG AIMING HIGHER!!!
DXY has been holding its own currently at 106.23, Likely to break out above previous high of 107.00 then next price zone 108.00-110.00.
Upside resistance at 108.50-109.00 (Green line).
Once price consolidates at 108.00-110.00 zone then
1. Price can continue higher to 111-113 zone or
2. Consolidation and retest of 105.00-104.00 break below 104.00 then expect 102.00-100.00 price zone.
Have a great day.
Upside resistance at 108.50-109.00 (Green line).
Once price consolidates at 108.00-110.00 zone then
1. Price can continue higher to 111-113 zone or
2. Consolidation and retest of 105.00-104.00 break below 104.00 then expect 102.00-100.00 price zone.
Have a great day.
Related publications
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.