Sharp Retracement in the DXY

2022년 9월 9일

The DXY has fallen sharply rejecting highs and slicing through the 109's. As predicted we are seeing support at 108.50. We were bound to see a technical retracement after such a strong rally. We will see if 108.50 holds. If so, then we are likely to range in a sideways correction for now. If not, we could press further to find support at 107.20. If we are able to rally again 111.37.