$DXY
Added 2025-01-02 15:50:08 +0000 UTCThis is the Dollar Index chart I have shared since I set up this group, it has not changed.
Support was found in October '24 on the 200 WMA and has bounced since but we can see that the price is testing the 0.618 Fib resistance level this week, which is standard
Above this line and the $DXY is against historical resistance levels that have been in place for longer than 25 years.
The first resistance level is at $110 and highest level is at $113....any higher than this and the index is going out of its channel and into unchartered territories.
I suspect a rejection will come in before $113.
Comments
Clear. Thanks for this update đ
Martechnic
2025-01-02 17:37:41 +0000 UTC
