ICmarkets

DXY is approaching its resistance, potential reversal!

Короткая
TVC:DXY   Индекс доллара США

DXY is approaching its resistance at 90.08 (61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially reaction off it, causing price to fall to its support at 89.67 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 90.28 (61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding could occur.

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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