When the $ lose the momentum?
Now, DXY on an ascending channel as seen on the weekly time frame with a rejection from the upper channel and a respect as we see the touch of 105.005 and the higher high in this week at 105.788
which are near to resistance points at 104.902 & 107.676 which can lead in losing momentum of ascending and begin a side range.
Europe central banks begin interest hikes to control inflation and the B.O.E too...
the expected range level from 106.000 to 102.000
The weekly RSI now is 70
which are near to resistance points at 104.902 & 107.676 which can lead in losing momentum of ascending and begin a side range.
Europe central banks begin interest hikes to control inflation and the B.O.E too...
the expected range level from 106.000 to 102.000
The weekly RSI now is 70
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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.