FX_Mendez

DXY at resistance areas

TVC:DXY   U.S. Dollar Index
We all know the Market likes to react around whole numbers. What we have here is resistance area at 93.00 and 94.00. You can see how in the past the DXY reacted to these levels many times. One could conclude that this is an area for a correction to begin before moving higher or an area for a reversal to begin moving lower. Or of course the Market could just blow past these levels, remember the Market will do what it wants, when it wants regardless what anyone thinks. My personal take is bullish until Market makes lower lows past 91.00.

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