Babenski

DXY bounced from strong level

TVC:DXY   U.S. Dollar Index
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

📈Telegram channel: t.me/bitcoin_masters


💎For Premium Signals Group ask me here: t.me/Babenski
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.