DXY is now on a Supply Zone.

18 thg 6, 2022

DXY is on a monthly supply zone. That supply zone is near the 78% Fibonacci level and it serves as a strong support/resistance level. It still has a lot of bullish power so we have to wait for a signal in that supply zone to let us know its heading down. DXY

21 thg 1, 2024

Ghi chú

Now The DXY has reached the 78% of the Fibonacci in the overall downtrend. It formed an Evening Star right at the 78%. (MONTHLY) The 61.80% is being used as a support, if the index breaks thats price its gonna be a waterfall.