DXY Consider 109 Target Achieved, New Pattern Emerging
Technical & Trade View
US Dollar Index Futures
Consider 109 Target Achieved, New Pattern Emerging
Bias: Bullish Above Bearish below 111.30
Technicals
Primary resistance is 111.30
Primary pattern objective is 107.75
Acceptance below 109 next pattern confirmation
Acceptance above 111.50 opens a test of 112.20
20 Day VWAP bearish , 5 Day VWAP bearish
US Dollar Index Futures
Consider 109 Target Achieved, New Pattern Emerging
Bias: Bullish Above Bearish below 111.30
Technicals
Primary resistance is 111.30
Primary pattern objective is 107.75
Acceptance below 109 next pattern confirmation
Acceptance above 111.50 opens a test of 112.20
20 Day VWAP bearish , 5 Day VWAP bearish
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
