Description
⋅ 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!