We have a clear double bottom on DXY sitting at 89.54 with a clear rise and break of resistance at 95.x now the push seems to be a pull back to the now support line at 94.5ish and then a run to the bottom of the next channel at 95.9 all the way to 97.4-5.
We would like to see the now support line at 94.5ish hold and continue up. This will put serious pressure on the energy markets anything over 95.9x and change could cause a major spike in either oil, LNG or other energy prices.
We would like to see the now support line at 94.5ish hold and continue up. This will put serious pressure on the energy markets anything over 95.9x and change could cause a major spike in either oil, LNG or other energy prices.