U.S. Dollar IndexShort
DXY is testing its resistance, potential reversal!
DXY is testing its resistance t 92.61 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where price could potentially react off and fall to its support at 90.95 (50% & 38.2% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate support at 91.89 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is testing its resistance at 97% where a corresponding reaction could occur.
Stochastic (89, 5, 3) is testing its resistance at 97% where a corresponding reaction could occur.
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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.