2018-05-29

DXY at Resistance

DXY hit 95 today before pulling back. A good place for a correction (or reversal for the bears).

Going solely by the charts, it looks like there's quite a bit of resistance in the mid-90s, but with politics playing a larger role that doesn't look like much resistance in terms of size. One bad week in the euro would push DXY through it.

No comments:

Post a Comment