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U.S. Dollar Index

DXY is now on a Supply Zone.

By Giris88
Updated
DXY is on a monthly supply zone. That supply zone is near the 78% Fibonacci level and it serves as a strong support/resistance level. It still has a lot of bullish power so we have to wait for a signal in that supply zone to let us know its heading down. DXY
Note
Now The DXY has reached the 78% of the Fibonacci in the overall downtrend. It formed an Evening Star right at the 78%. (MONTHLY) The 61.80% is being used as a support, if the index breaks thats price its gonna be a waterfall.
dxyindexFibonacciSupply and DemandSupport and Resistance
Giris88

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