DXY breakout or down trend?

U.S. Dollar Currency IndexTVC

Description

⋅ Mar 19, 2021 9:28 PM

DXY is respecting this fib fan pretty well, but with the 200 SMA (blue line) and 20 SMA (red line) converging at the .382 fib resistance, it's possible that we see another break up to the 93.5 level.