U.S. Dollar IndexUpdated DXY - Possible rejection
I am not a financial advisor. Sorry! :(
DXY seems to be rejecting from the top of the consolidation period started on the 27.07.2020.
It seems as well a rejection of the 0.5 Fib for previous swing and the horizontal RSI resistance...
A bit bearish in my opinion ... giving up most of last week gains.
DXY seems to be rejecting from the top of the consolidation period started on the 27.07.2020.
It seems as well a rejection of the 0.5 Fib for previous swing and the horizontal RSI resistance...
A bit bearish in my opinion ... giving up most of last week gains.
Note
DXY daily must hold lows from the dashed channel to keep uptrending.
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