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manasrawat5

DXY reaching 1.618 resistance of multi-decadal channel

Indice devise Dollar U.S. (TVC:DXY)  
manasrawat5  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Chart Patterns
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trendanalysis chartpattern
DXY broke above the lower highs trendline in 2015 which started from the high in 1985. It is now reaching at 1.618 resistance of downward Fib channel spread over decades. Combined with upper bound of shorter term upward channel, it is in since 2007, DXY is going to have lot of resistance at 113.5 and possibly top in next few months.
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