DXY had a lot of resistance @ 99.70 early in the week at the end of Q1. It surpassed and is having some new resistance levels @ 100.86. I expect DXY to rally up to 101.04 or slightly higher and retrace to further confirm a weak dollar and true begin of the decline of the DXY to lower low levels of 97.88.
MA 50/20 to confirm bearish on 4HR
MA 20/50 on the daily but riding CLOSELY
More to come/ update date next week!
#recession2020
MA 50/20 to confirm bearish on 4HR
MA 20/50 on the daily but riding CLOSELY
More to come/ update date next week!
#recession2020