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Aleksin_Aleksandar

DOLLAR and fibonacci retracement

U.S. Dollar Index (TVC:DXY)  
Aleksin_Aleksandar Updated   
TVC:DXY   U.S. Dollar Index
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
Another look at the dollar chart with Fibonacci retracement levels, resistances, and pullbacks. We can expect the Dollar to meet one more time the MA200 and EMA 200 with currently the support of MA20, MA50, and EMA20. The dollar's important resistance zone is between Fibonacci 38.2-50.0%. In this case now and 61.8% Fibonacci level.
Comment:
Comment:
Comment:
Best wait a day or two to see if we have support in MA20 and EMA20.
Comment:
Comment:
We still have a lot of pressure on the dollar, which fell again below MA 20 and EMA 20.
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