quantguy

The US Dollar Holds 96

Long
TVC:DXY   U.S. Dollar Index
The US dollar has broken highs and tested our next level at 96.24, however it has since retraced after facing resistance here as identified by two red triangles on the KRI. We are holding the 96 handle, currently hovering around 96.00 exactly, at the time of this writing. If the DXY cannot hold the 96 handle, then 95.82 is the next level of support. There is a vacuum zone below to 95.26. If we are able to breakout past 96.24, then we will face resistance from a cluster of level in the mid 96 handle.

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