I talked about this in The Trading Battle a few days ago. The DXY high occurred right at the channel extension of the channel from the May 2021 low. The upper parallel of that channel, formerly resistance, has provided support this week. Former resistance providing support...it happens with channels/trendlines/etc. as well as horizontal levels. Anyway, this is a big level. DXY isn't outright bearish until this level breaks.
-Jamie Saettele
-Jamie Saettele
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
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Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。