Encountering support at 10 month trendline & 0.382 Fib
- Very strong support at intersection of 10 month trendline & 0.382 retracement of that rally
- DXY will see a strong bounce if retail sales & jobless claims are positive
- DXY should see a moderate recovery if data is mixed or flat considering how oversold it is
- DXY should continue falling to 0.5 fib if numbers are disappointing
- DXY will see a strong bounce if retail sales & jobless claims are positive
- DXY should see a moderate recovery if data is mixed or flat considering how oversold it is
- DXY should continue falling to 0.5 fib if numbers are disappointing