The DXY is testing the weekly 200MA once more
The DXY -0.89% recently retested the weekly 200MA, but found strong resistance as expected. Price has now approached this level of resistance once more. We would like to a breakout followed by a continuation to the upside.
It is NFP week, so it will be best to stand aside for now. This is a chart I will keep an eye on in the upcoming days though.
Thank you for reading and feel free to comment below.
It is NFP week, so it will be best to stand aside for now. This is a chart I will keep an eye on in the upcoming days though.
Thank you for reading and feel free to comment below.
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