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kjfxmonk
Jan 28, 2019 12:40 PM

$DXY - US Dollar Update - Bouncing between Fib levels 

U.S. Dollar Currency IndexTVC

Description

Last week Dixie DXY retraced its December to January drop all the way to its .618 level, while this morning it hit the .618 of THAT move. I expect the dollar to remain contained within tight levels until later this week when EU and US data and FOMC will rule the day(s). 95.65 is solid support, while to the upside, 96.96 still attracts. EURUSD intraday support around 1.1380 with resistance around 1.1465 #forex
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