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alibfx
Aug 20, 2019 6:25 AM

Dollar Index - DXY - Aug 20 Long

U.S. Dollar Currency IndexTVC

Description

 
On the technical side, the DXY has violated the weekly resistance at 97.72, which has exposed dollar index towards the 98.92 July 29 high as the first port of resistance, closely shadowed by weekly resistance at 99.62.

On the lower side, resistance continues to stay at 98.10 and 98. Bullish channel and series of EMA on 4-hour timeframe as suggesting a bullish bias for the dollar.
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