New Relative Highs for the DXY!! What's Next??

6 мая 2022 г.

The US dollar index pivoted just below our level at 102.86, finding support at 102.50 or so. We were able to break just above relative highs, topping out just above 104.00. We appear to be seeing a lot of resistance from the 104 handle, confirmed by several red triangles on the KRI. If we reject 104 again, then we should see support from 102.86, then 101.70. If we are able to break through then the next target is 104.53.