So far, Dollar Index DXY was rejected from 109.20.
REASONS TO REJECT BULLS:
1. LONG UPPER SHADOW CANDLE
2. TRIPLE TOP
3. FIBONACCI EXT. 61.8%
While Below 109.20, then Potential To Retest 108.26, 107.37, 106.17.
But,
Break & Hold Above 109.20, then Bullish Continue, Potential To Target 110.53 & 112.23.
REASONS TO REJECT BULLS:
1. LONG UPPER SHADOW CANDLE
2. TRIPLE TOP
3. FIBONACCI EXT. 61.8%
While Below 109.20, then Potential To Retest 108.26, 107.37, 106.17.
But,
Break & Hold Above 109.20, then Bullish Continue, Potential To Target 110.53 & 112.23.
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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.
Related publications
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.