U.S. Dollar IndexShort
DXY Approaching Resistance, Prepare For A Reversal
XY is approaching its resistance at 97.69 (horizontal swing high resistance, 100% Fibonacci extension*2 ) where it could reverse down to its support at 97.03 (38.2% Fibonacci retracement , horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.