Looking at the trend, it's obvious that we're in the bull market
for DXY. we can only see higher highs and higher lows for the
this currency.
However, for the major news later, we may anticipate a double
top formation when the price reaches at 108.78 key level.
If the price breaks this key resistance level, we may expect a
trend continuation to the upside.
The level I'm seeing a major pullback is at 120 key level but this may
chage depending on the economic factors that we will be seeing for the
next coming weeks.
TIP: ALWAYS FOLLOW THE TREND.
for DXY. we can only see higher highs and higher lows for the
this currency.
However, for the major news later, we may anticipate a double
top formation when the price reaches at 108.78 key level.
If the price breaks this key resistance level, we may expect a
trend continuation to the upside.
The level I'm seeing a major pullback is at 120 key level but this may
chage depending on the economic factors that we will be seeing for the
next coming weeks.
TIP: ALWAYS FOLLOW THE TREND.
