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Jan 30, 2019 7:45 AM

DXY approaching support, potential bounce! Long

U.S. Dollar Currency IndexTVC

Description

DXY is approaching our first support at 95.67(horizontal overlap support, 100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 95.67 (61.8% Fibonacci retracement , horizontal overlap resistance). Stochastic (89,5,3) is approaching support and we might see a corresponding bounce in price above this level.

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