DXY 4hr Analysis
The market dropped back to the strong support zone (100.742) on Friday, then immediately bounced back up. The price is heading back to the minor resistance zone (101.842) before we may see another rejection and a potential retracement down.
However, if the level is broken, the price may likely reach the 102.420 key zone area before we see another pullback.
With CPI and inflation rate data coming out within the week,
what is your projection for DXY? Please share below
However, if the level is broken, the price may likely reach the 102.420 key zone area before we see another pullback.
With CPI and inflation rate data coming out within the week,
what is your projection for DXY? Please share below
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