USDX approaching resistance, potential drop!

27 มิ.ย. 2018

USDX is approaching our first resistance at 94.76 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 94.17 (horizontal swing low support, 61.8% fiboancci extension, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching its resistance and a reaction off this level might see a corresponding drop in price.
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