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nativetulip087
Aug 12, 2021 11:43 AM

Long Term Outlook: DXY Short

U.S. Dollar Currency IndexTVC

Description

The DXY continues to struggle against retracements of the October 2020 fall.

The critical .786(93.21) and and 93.43 pose extreme resistance.

Should a move in the short/mid term break these levels, a test of the 0.5(crash of 2002) is plausible.

Long term outlook remains strongly bearish.

Short order is placed to show theoretical levels of trend reversal.

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