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US Dollar Index – Biggest Test Since the Top is NOW

US Dollar Index – Biggest Test Since the Top is NOW

2017-01-17 20:40:00
Jamie Saettele, CMT, Sr. Technical Strategist
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US Dollar Index – Biggest Test Since the Top is NOW

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“Weakness below 100.51 (December 2015 high) would suggest a broader reversal. The level is classified as a decision point (make or break level).” I made the case last week in this video that DXY had already reversed but the current level is truly the ‘textbook test’. Weakness below here opens up 98.

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