DXY Dips, Finds Support at 94.00

9 nov 2021

The DXY has retraced notably from highs at 94.45 or so, to support in the lower 94 handle. Currently, we are struggling to maintain 94.00 and are flirting with this level at the time of this writing. We appear to be getting good support from 93.82, as confirmed by a green triangle on the KRI. We anticipate 93.82, but if not, there is a vacuum zone down to further support at 93.60, tehn 93.43. If we catch a bit later today, then we must clear 94.45 before considering our next target at 94.77.