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US Dollar Technical Outlook: DXY Sitting Solid Support

USD TECHNICAL OUTLOOK: DXY fell back to support late last week. Trust support until broken. A break is seen as leading to modest selling.   US DOLLAR TECHNICAL OUTLOOK: DXY SITTING SOLID SUPPORT In last week’s commentary we discussed how the US Dollar Index (DXY) looked headed higher out of a developing wedge, and that outlook had some legs – for a minute. The wedge breakout quickly failed just ahead of a significant area of resistance (94.67) formed durin

MongiIG

MongiIG in Market News

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