DOLLAR INDEX DXY DAILY: ABOVE 104.19 TARGET 105

Dollar Index DXY, still in bullish trend after broke above 100 and hit target 100.47 & 102.20.
Now DXY around its fibonacci level at 109.94 & 104.19.
Break above 104.19 open the way to target 105.

102.20 former resistance now became support.
Break below 102.20 open the way retest 100.47.
Next Support 100.

Break below 97.44 would cancel its short term bullish outlook.
Open the way to retest 96.66.

Kommentera:

Edit Typo:
"Now DXY around its fibonacci level at 103.94 & 104.19."
not 109.94