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DXY : Reversal within descending channel
U.S. Dollar Index
Short
DXY : Reversal within descending channel
By robus
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Updated
Jun 5, 2016
6
May 26, 2016
This could break the range of 95.5 -92.5
Dips toward 90 or 88.
RSI is falling
Keep watching.
May 26, 2016
Note
Broke 95. Towards 94.7
May 28, 2016
Note
Upsurge to 95.70 on Daily has broken descending channel.
Testing Resistance 96.
Breakout would be the new bull cycle for DXY
Jun 5, 2016
Note
93.7 is crucial support. break would cause dollar to escalate towards bottom of channel 92.
Jun 9, 2016
Note
took out important support.
This may sink towards 92.5
Jun 10, 2016
Note
retrace above SMA 100
94.32 and hitting 94.6 make it more bearish
Commodities
dollar
dollarindex
DXY
Gold
yellen
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