DXY is facing key support zone
Since the end of September, Dxy has had 3 attempts to conquer 114 figure and failed each time.
On Monday the index broke down the rising trend line that kept price elevated since August and an aggressive drop followed.
At this moment the price hovers above the support area (108-109 zone) and a resumption to the up move can follow.
Dips against 107.50 should be bought for a rise towards 112.
On Monday the index broke down the rising trend line that kept price elevated since August and an aggressive drop followed.
At this moment the price hovers above the support area (108-109 zone) and a resumption to the up move can follow.
Dips against 107.50 should be bought for a rise towards 112.
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