Dollar Index - breakout?
A small update following today's strong NFP number - DXY still remains in its long term channel, however it does appear to have broken out on the 4hr. It may come backtest (97.15-20) this area early next week before moving on.
Next levels to keep in mind for a follow through next week 97.75-80 before a move onto the round number, 98 - upside still plenty of room before the upper end of the channel is hit.
EMAs are all trending upwards and in sync, 20 over 60 and 100, and 60 over 100.
Next levels to keep in mind for a follow through next week 97.75-80 before a move onto the round number, 98 - upside still plenty of room before the upper end of the channel is hit.
EMAs are all trending upwards and in sync, 20 over 60 and 100, and 60 over 100.
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