
US dollar index (DXY) is also on plan
The US dollar index (DXY) is dropping toward the 50% Fib retrace level Reference yesterday’s post on USD. The next support (not visible on the daily chart) coincides with a 50% Fibonacci pullback of the entire rally, which negatively diverged the inflation trades as we had noted all along the uptrend. The next marker is the 62% Fib, which coincides with a visible support shelf … Continue reading US dollar index (DXY) is also on plan