Abuhiba82

When the $ lose the momentum?

TVC:DXY   U.S. Dollar Index
Now, DXY on an ascending channel as seen on the weekly time frame with a rejection from the upper channel and a respect as we see the touch of 105.005 and the higher high in this week at 105.788

which are near to resistance points at 104.902 & 107.676 which can lead in losing momentum of ascending and begin a side range.

Europe central banks begin interest hikes to control inflation and the B.O.E too...

the expected range level from 106.000 to 102.000

The weekly RSI now is 70

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