We see DXY’s Short-term upside risk continuing to hold ground and probability. DXY continues to find higher closes above its accumulation range between 93.10-94.50. Failure to retain this and a crack towards 92.90 exposes a near-term flush towards 91.90 handle.
Given the duration of the most recent accumulation phase, we see the Dixie pushing higher on a catalyst towards the excess break from the previous quarter. We have to acknowledge the fed is committed to symmetry.
Resistance 93.94 - 94.10
Inflection : 93.51 (1.272)
Support: 93.10
Given the duration of the most recent accumulation phase, we see the Dixie pushing higher on a catalyst towards the excess break from the previous quarter. We have to acknowledge the fed is committed to symmetry.
Resistance 93.94 - 94.10
Inflection : 93.51 (1.272)
Support: 93.10