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DXY - W.C. 3/9/21

DXY - Week Commencing 3/9/21


WEEKLY: Price closed exactly on the previous swing low's level @ 92.100

DAILY: Ascending channel broke to the downside, now retesting a support level, thus further continuation to the downside may be taking place towards 91.525 (coinciding with HTF 50 EMA).

H4: Price may push higher momentarily until the 61.8% Fib retracement (coinciding with a further level of resistance), before pushing lower as illustrated by the HTF picture.

Trend Analysis

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