FlowState

LONG DXY Bounced Off Support, Prepare For A Further Rise

Long
TVC:DXY   U.S. Dollar Index
Dxy bounced nicely off its support at 95.83 (61.8% Fibonacci retracement , horizontal swing low support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 97.73(61.8% Fibonacci retracement , horizontal swing high resistance,100% Fibonacci extension ).
Stochastic (55, 5, 3) is bounced off its support where a corresponding rise could occur.

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