swimmax

Double Bottom now rise to 97.xx

Largo
INDEX:DXY   US DOLLAR CURRENCY INDEX
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.
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