FlowState

Dollar Index approaching support, potential bounce!

Long
TVC:DXY   U.S. Dollar Index
Dollar index is approaching our first support level at 95.77 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 97.24 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.



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