Trade Dash

Weekly DXY Update 2

The DXY price never tested the middle Support zone and went straight up into the Resistance zone.

From here price could do 2 things, flip this Resistance zone in Support and keep moving up or reject this

Resistance zone and reverse the move up. When the price rejects this Resistance zone, there are 2 Support zones that could hold up the price. To maintain the uptrend, the first Support zone would be the strongest to hold and would probably result in a new try of breaking the Resistance zone. If this first Support zone does not hold, it is very likely that we will see a longer time within this range if the lowest Support zone holds.

Let's see how this plays out this week.

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