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Klimex

SHORT DXY Approaching Resistance, Prepare For A Reversal

Short
U.S. Dollar Index (TVC:DXY)  
Klimex  
TVC:DXY   U.S. Dollar Index
Harmonic Patterns Trend Analysis Chart Patterns DXY dollar USD dollarindex forexsignals
30
2
harmonicpatterns trendanalysis chartpattern dxy dollar usd dollarindex forexsignals
DXY is approaching its resistance at 97.29 (78.6% Fibonacci retracement, horizontal swing high resistance, Elliott Wave) where it could reverse down to its support at 96.74 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.


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