Technical Analysis and Outlook
The DXY Index completed Outer Index Dip 97.70 Jan 10, 2019. The bullish sentiment developed ever since with projection of an Inner Index Rally $97.60. Currently, the index experiencing steady to hold/lower due to Mean Res found at $97.10. The next stage for resistance comes from Key Res $97.65 and completed Index Rally 97.70. The bearish sentiment might take the dollar index to strategic Mean Sup $96.30. (For more Market Commentary, please visit the TradingSig_dot_com).
The DXY Index completed Outer Index Dip 97.70 Jan 10, 2019. The bullish sentiment developed ever since with projection of an Inner Index Rally $97.60. Currently, the index experiencing steady to hold/lower due to Mean Res found at $97.10. The next stage for resistance comes from Key Res $97.65 and completed Index Rally 97.70. The bearish sentiment might take the dollar index to strategic Mean Sup $96.30. (For more Market Commentary, please visit the TradingSig_dot_com).