mkhuseli

Two possible outcomes a break or a bounce.

mkhuseli Updated   
TVC:DXY   U.S. Dollar Index
Can the dollar break the resistance given the demand it has experienced in the past few weeks?
high probability of supplying some of that demand before breaking that resistance.Whiles on the other hand the revaluation of the CPI outcome on Thursday might give it the strength to break that resistance and cover the supply it had at the beginning of this year.Price action is signaling low momentum and high volatility.

Comment:
Dollar did break the Resistance.Now can it sustain the momentum or it's just a fake?

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