The DXY continues to struggle against retracements of the October 2020 fall.
The critical .786(93.21) and and 93.43 pose extreme resistance.
Should a move in the short/mid term break these levels, a test of the 0.5(crash of 2002) is plausible.
Long term outlook remains strongly bearish.
Short order is placed to show theoretical levels of trend reversal.
The critical .786(93.21) and and 93.43 pose extreme resistance.
Should a move in the short/mid term break these levels, a test of the 0.5(crash of 2002) is plausible.
Long term outlook remains strongly bearish.
Short order is placed to show theoretical levels of trend reversal.