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Babenski
Jun 20, 2021 10:39 AM

DXY bounced from strong level 

U.S. Dollar Currency IndexTVC

Description

The U.S. Dollar Index on strong rise
since late may / early jun

In fact the price bounced off from the level in which it supposed to do

The level was the top in 2008 ,2009 ,2010 and bottom in 2018 this show us how strong this level is

As a result other markets like gold ,SPX and BITCOIN see correction

Question here how far can it go up ?
The Index rate bounced from 88/89 to 92 ..there are strong resistances around 94-97 ...
Lets see how it will react next days / weeks

Show your opinions below
Good luck and happy weekend for all
Comments
AZIZ1026460
👍👍👍👍👍
caldooninvestment
Strong analysis buddy!
FieryTrading
Thanks!
Investroy
Simple and effective. Cheers
StevesTradingV
Perfect analysis, well done mate
YMGroup
thanks for sharing your great idea
Daved-jone
Gd idea
CobraVanguard
Simple and Perfect! Thanks
jojofang0901
Good work my frd :)
Babenski
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