$DXY: WHAT'S NEXT?
HELLO GUYS:
#DXY has reached a level not reached since the beginning of 2017, benefiting from the Fed's decisions to raise interest rates in stages during this year.
- Today, it has reached a resistance area, and it may rebound from it to retest the lines it recently breached.
This bounce is powered by negative divergence with #RSI tops.
- And I think that he will return to test this top later, and even it is very possible to breach it, and this is likely.
- It is certain that global markets are likely to be severely affected by this movement and certainly adversely.
#DXY has reached a level not reached since the beginning of 2017, benefiting from the Fed's decisions to raise interest rates in stages during this year.
- Today, it has reached a resistance area, and it may rebound from it to retest the lines it recently breached.
This bounce is powered by negative divergence with #RSI tops.
- And I think that he will return to test this top later, and even it is very possible to breach it, and this is likely.
- It is certain that global markets are likely to be severely affected by this movement and certainly adversely.
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