The US Dollar rallied more than 0.4% this week with DXY marking the second consecutive weekly advance. The rally takes the index nearly 2% off the monthly lows with the rally now eyeing initial resistance hurdles just higher.
DXY
Dollar Index Rising Wedge Breakout Above 97.15 Big Blast on Chart, Forget All Speech or Roumer, Think Gold & Crude????
Dollar Index Rising Wedge Breakout Above 97.15 Big Blast on Chart, Forget All Speech or Roumer, Think Gold & Crude????
Dollar Index Made Triple Bottom @96.70, If Hold Below Big Correction Ahead? Think USD/INR, Gold CME And MCX Gold Will Go
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DXY at Support, EUR/USD at Resistance
DXY at bottom of coil
While the Euro tests resistance, low and behold, the DXY tests support:
✅ Higher time frame musings
✅ Higher time frame, horizontal resistance zone holding
✅ Price now looking to break out of triangle to the downside.