Welcome, traders! Thank you for joining us for today’s market update. In this session, our focus turns to the USDX as we dissect its daily chart.

Today’s focus: USDX

Pattern – Continuation (Bullish)
Support – 103.65
Resistance – 103.96

Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don’t see a close above resistance. This could set up a failed high, and if we don’t see a break of resistance, this could set up a new extension lower.



Good trading.

alert Joe Jeffriess Trade Zone