eBlockChain

DXY at 2016 major resistance

Short
TVC:DXY   U.S. Dollar Index
The DXY has been unstoppable and on fire over the past weeks. And everybody is calling for it to go to the moon as Japan and China are easing while US is tightening. But what are the charts telling us?

As shown the DXY is a major historical resistance at the 102 level that can be stretched to 105. Will the DXY be able to go through? Or will it get rejected?

Till the DXY gets rejected, all markets are doomed to bleed.

Unless you figure a way to make money while you sleep, you’ll work till you die.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.