DXY Weekly - possible trendline rejection.

2020년 9월 29일

Disclaimer - I am not a financial advisor.

The current weekly candle (wait for the candle close!) will decide whether
the DXY is having a major rejection of the trendline that dates from 2011 (trendline in red connecting the lows)
or
if we see the USD faking it out and disregarding it totally.

2020년 9월 29일

노트

Furthermore...there is always a possibility of support a bit lower:

2020년 10월 5일

노트

1) If RSI trendline (Arrow in red) holds then price action should revert at the current trendline (Arrow in white).

2) In case this trendline does not hold trendline with yellow arrow should provide support.

2020년 10월 9일

노트

DXY breaking down support: