DXY: 110 - 120 Targets
The global markets are hurting. We can clearly see on the monthly chart that the DXY has broken resistance at 104-105. We have not seen levels like this since 2000 - 2002.
I would say that given the current economical conditions and the technical analysis of what the monthly charts and RSI are showing us, there is a chance that the DXY will revisit resistances of 110 and 120 in the near future.
I would say that given the current economical conditions and the technical analysis of what the monthly charts and RSI are showing us, there is a chance that the DXY will revisit resistances of 110 and 120 in the near future.
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.
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.