TVC:DXY   U.S. Dollar Currency Index
DXY

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Comment: ▪ After push down by sellers, price reached the zone highlighted in last week’s analysis before consolidating. ▪ Price is currently above the daily trendline and a break below could open up to more downside. A break above the resistance level and buyers retain control. ▪ August is a mixed month for the Greenback and we don’t tend to see a clear direction until midSeptember / October time.

Comments

▪ After push down by sellers, price reached the zone highlighted in last week’s analysis before consolidating.
▪ Price is currently above the daily trendline and a break below could open up to more downside. A break above the resistance level and buyers retain control.
▪ August is a mixed month for the Greenback and we don’t tend to see a clear direction until mid September / October time.
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