DXY, also known as the US Dollar index is tightening up around a breakout spot from a 6 year rectangular consolidation. Continued upside is very likely.
Original DXY analysis published 5 years ago today on July 1st 2017 (click to open):
Original DXY analysis published 5 years ago today on July 1st 2017 (click to open):
코멘트:
Seeing some calls of a major top on DXY. Still too soon to make that call as it hasn't even hit next key support yet.
Uptrend still intact:
Uptrend still intact:
코멘트:
First big resistance at 111.35 hit today. This is a trim spot. Could see the beginning of a cooling off period develop
Do not underestimate momentum