TVC:DXY   U.S. Dollar Currency Index
Dollar index reached critical area will it reverse or continue upwards?
Trade active: keeps going lower..
Could you please signify the retraces and the extensions?
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Muzoeph fhsk2001
@fhsk2001, 0.886 is the ending point.. XA-B(0.386) AB-C(0.786) D point @ (0.886)
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fhsk2001 Muzoeph
@Muzoeph, Thank you. In such a case DX should dive, but let's see. if it chooses to dive where do you think it should go?
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Muzoeph fhsk2001
@fhsk2001, if it drops i think it might dive real hard.. maybe 89-88. or it may decide to just shoot for the sky's. who knows?
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fhsk2001 Muzoeph
@Muzoeph, yes, gold looks in the same situation on the cross-road.
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Muzoeph fhsk2001
@fhsk2001, yeah we'll see how these pairs close out today in order to gauge next week.
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fhsk2001 Muzoeph
@Muzoeph, 89.97 is strong support of DX - 21 EMA daily. If it breaks it, it might drop hard, but let's see what will happen.
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Muzoeph fhsk2001
@fhsk2001, indeed my friend!
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