Disclaimer : This is not financial advice please do your own research before investment. As you can clearly see right now DXY creating Bear flag if DXY failed to sustain above and breaks the flag from downside then the next support will be around 95.9 and if the price goes below 95 then the technically support will be around 93.
DXY LONG AND SHORT IN WEEK. BE CAREFULL THERE IS A LOT OF NEWS COMING. MARKET CAN MOVE DIFFERENT DUE TO THE NEWS COMING.
It seems DXY at strong resistance now if breached this resistance, then it can reach the value @ 94.81 If it does not, then dxy value may down to 93.75
Dollar Index has been witnessing a freefall and the fall beyond critical supports around 94.30 mentioned in the last issue lead the DX lower. Currently, the U.S. currency's performance against the euro and five other currencies, hit its lowest level since May 3, 2016. The sharp weakness not witnessed since the period of January to July 1986 is driven by...