DXY has been holding its own currently at 106.23, Likely to break out above previous high of 107.00 then next price zone 108.00-110.00.
Upside resistance at 108.50-109.00 (Green line).
Once price consolidates at 108.00-110.00 zone then
1. Price can continue higher to 111-113 zone or
2. Consolidation and retest of 105.00-104.00 break below 104.00 then expect 102.00-100.00 price zone.
Have a great day.
Upside resistance at 108.50-109.00 (Green line).
Once price consolidates at 108.00-110.00 zone then
1. Price can continue higher to 111-113 zone or
2. Consolidation and retest of 105.00-104.00 break below 104.00 then expect 102.00-100.00 price zone.
Have a great day.
