DXY approaching resistance, potential for a drop!
DXY approaching resistance at 90.34 (61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially fall to its 1st support at 89.52 (61.8% Fibonacci extension, 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have identified another resistance area at 91.01 (61.8% Fibonacci extension, L T 61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance.)
Stochastic (55, 5, 3) shows a corresponding approach to its resistance at 96.68%. We have also identified a bearish divergence with price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55, 5, 3) shows a corresponding approach to its resistance at 96.68%. We have also identified a bearish divergence with price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Dagangan aktif
Looks like price is well on its way to our major support! Did you manage to ride this wave?
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.