The US Dollar continues to show strength. Last week DXY had held resistance at 102.55 and that remained for a few more days, even with a strong CPI report. But sellers couldn’t get much run with that resistance hold and as we opened into this week, bulls continued to push and helped to prod price up to the next major spot of resistance on the USD at the 103.50 level. I had talked about that 103.50 zone last week in the webinar; and since then I’ve written and published an article on the 200-day moving average. This can be a big spot for resistance to show, particularly on a short-term basis, but the bigger ... (full story)
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2024-01-17 21:40:00Z
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