After a strong push lower following the dovish fed statement on wednesday, the dxy ended the week unchanged. The spike lower hit right onto that key 200Week MA, which again acted as good support.
The range is now narrowing. Between the trend line & 200wma to the downside & the 61.8% retrace/longer term pivot trend/75% slope in pitchfork.
Daily $96-$95.70 key region
Near-term pitchforks/levels to look for
The range is now narrowing. Between the trend line & 200wma to the downside & the 61.8% retrace/longer term pivot trend/75% slope in pitchfork.
Daily $96-$95.70 key region
Near-term pitchforks/levels to look for