$DXY - Incoming Resistance at 107.350

By Mr_J__fx
Updated
Dollar Index having an explosive day approaching the first target shared on previous ideas, that of White Fibbonnaci Level 1.618 sitting at 107.35
Does DXY find a stop there, continues to correct before the next leg up at Macro Orange Fibbonaci level 1.618 at 111 for the DXY ?
Interesting times ahead !
2022 has been epic, and of course we've been short biased, shorting the markets since mid-late December
It's been hell of a cliff ride with our bears as it doesn't matter the trend my friend, you can always get the best of both worlds .



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Note that this is not financial advice!
Please do your own research when it comes in to investing your money in the Markets

Comment
snapshot
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snapshot

First signs of Rejection form 107.350 level printed on price action candlestick.
Boy oh Boy look at that Wick Refusal
Chart PatternsTechnical IndicatorsTrend Analysis
Mr_J__fx

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