KlejdiCuni

DXY Price Analysis! Will DXY Move Down Again?

TVC:DXY   U.S. Dollar Index
DXY near a strong resistance area! Will DXY move down again?

DXY is rising since it reached the bottom of the descending channel that I shared during the previous analysis.

Today we can see that the DXY is near a strong resistance zone.
I expect DXY to face resistance near 105.5 - 105.6.

If that area holds, we may see the DXY retest the lower areas.

You can watch the video analysis for more details.

Thanks and good luck!

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