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DXY 1W (under pivot zone )

Kort
TVC:DXY   Valutaindex för U.S. dollar
DXY

Analyze


Generally the direction is downtrend as long as price trade under pivot zone 103.10 - 103.63

like we see on the weekly time frame last strong red candle and opened under 103.10 it means this week the price will be under sell pressure until reach the next support zone 100.90- 101.63

for any reasons if price can rise up and stable above pivot zone 103.10 - 103.63, then the direction will be uptrend until next resistance zone 105.66

support line : 102.24 , 101.63 , 100.90
resistance line :103.10 , 103.63 , 104.27

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