DXY bouncing off a monthly resistance area
I see the Dollar index bouncing off a monthly resistance area , a combination of horizontal resistance from 2017 and 2020, and a rising trend line .
Also, a place to meet with the 55 EMA and a 100 EMA and remember a 23.6 Fib line.
Also, on the smaller time frame, I see a weakness in momentum and divergence as arbovirus on RSI .
As for COT data, I do not see any Short positions added, with more long positions removed, which indicates that there is no decision to sort DXY in the next few days,
prnt.sc/khl-CPHHzXAr
Also, a place to meet with the 55 EMA and a 100 EMA and remember a 23.6 Fib line.
Also, on the smaller time frame, I see a weakness in momentum and divergence as arbovirus on RSI .
As for COT data, I do not see any Short positions added, with more long positions removed, which indicates that there is no decision to sort DXY in the next few days,
prnt.sc/khl-CPHHzXAr
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