DXY [Daily] Are we going to close >97 in November ?
Yestrday sell off strong enough to push DXY below 97 ( which is key on weekly and monthly ).
Bulls may try one more time to find support based on daily ( channel ). Currently mkt is testing 97 again.
Weekly and monthly close below may expose 94.
Are we going to hold 97:
In favor: end of the month demand ( Rebalancing )
Against: as we are approaching end of 2018 fast we may see overall profit taking....
Bulls may try one more time to find support based on daily ( channel ). Currently mkt is testing 97 again.
Weekly and monthly close below may expose 94.
Are we going to hold 97:
In favor: end of the month demand ( Rebalancing )
Against: as we are approaching end of 2018 fast we may see overall profit taking....