DXY - Possible Outcomes
Dear Friends,
How I see it:
Can the $ break through the "RED" overlapping resistance above 108.00 ?
** For this we need at least a Daily Body close above red zone
"OR"
Will the range be respected once again?
** This will be confirmed by a deep correction from here
Keynote:
Fundamentally the $ seems unstoppable at this point, yes.
Perhaps a possible rate hike on the Yen could trigger some form of correction.
I deeply appreciate you taking the time to study my analysis and point of view.
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.