DXY: Failure very close to Fibo 61.8% & MA band says it all!

24 Şub 2020

As expected, the Dollar Index started falling this morning, after failing to overcome a complex resistance area combined of the MA band & the magical 61.8% retracement level. Unless recent tops are penetrated, the DXY is expected to reach a new low this week.

Munther T. Marji CMT