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AMCryptoTrading
Oct 23, 2022 5:14 AM

DXY second attempt to break failed  

U.S. Dollar Currency IndexTVC

Description

The dollar had another spike above 113.5 and got strongly rejected, this shows weakness and is likely to attempt another leg don’t to 110 support leading a rally next week for #stocks, #commodities and #crypto if the correction happens.
DXY needs ground to rally again, I can’t see breaking resistance until it set another higher low and it still has room to make tray happen. *Key level is 110.3
Comments
AMCryptoTrading
111 likely to be tested on upcoming correction leading to a local rally on s&p Gold and Bitcoin
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