U.S. Dollar IndexShort
DXY
The dollar bulls are still well in control.
We could see a retrace to 100.48 which is at the 0.786 retracement level of the previous high at 103.82. An daily exhaustion candle at 100.75 could be a great signal that the bull run is done
This will also be closer to the longer term downward trendline
A break below 96.5 invalidates the uptrend
We could see a retrace to 100.48 which is at the 0.786 retracement level of the previous high at 103.82. An daily exhaustion candle at 100.75 could be a great signal that the bull run is done
This will also be closer to the longer term downward trendline
A break below 96.5 invalidates the uptrend
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