DXY has hit major resistance and is showing a serious sign of rejection- I'm marking this week as a major MTF top! My expectations are a slow bleed over the next few months, down towards support near the $102 area.
I AM still ultimately bullish on the dollar- so i'm thinking we'll hold $102 as support, and move towards the upside towards my final target of $109.
This $109 should act as major resistance; I have a HTF idea that is my preferred view on DXY! I've linked it below- it looks quite attractive from a technical perspective!
I AM still ultimately bullish on the dollar- so i'm thinking we'll hold $102 as support, and move towards the upside towards my final target of $109.
This $109 should act as major resistance; I have a HTF idea that is my preferred view on DXY! I've linked it below- it looks quite attractive from a technical perspective!
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