DXY rejection and Bounce
DXY is currently sitting on important historical support - 93.806, starting Wednesday's Asian session.
Yesterday minor support at 93.470 hold good.
Leaving DXY back at the bottom of Septembers´ ascending trendline
This ascending line seems pretty strong still, if it holds, further gains to the upside are to be expected, having the top of the last 15 days range as the first roof to check.
If 94.526 is permeable it will let the Dixie double range times 2 bringing it up to 95+
Let's see how it goes.
Yesterday minor support at 93.470 hold good.
Leaving DXY back at the bottom of Septembers´ ascending trendline
This ascending line seems pretty strong still, if it holds, further gains to the upside are to be expected, having the top of the last 15 days range as the first roof to check.
If 94.526 is permeable it will let the Dixie double range times 2 bringing it up to 95+
Let's see how it goes.
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