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.