DXY - Direction
Today we have one for the trend traders on a Weekly chart with DXY.
Straight away you can see price has been stuck in consolidation since the beginning of 2015. We are now trading above a very important pivot support, a break below this level will potentially drive the price down towards our 200 EMA.
If you have any additional analysis on the shorter time frames please feel free to share it below.
Straight away you can see price has been stuck in consolidation since the beginning of 2015. We are now trading above a very important pivot support, a break below this level will potentially drive the price down towards our 200 EMA.
If you have any additional analysis on the shorter time frames please feel free to share it below.
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