USDX: sharp drop last week.
2023/11/18:
USDX experienced a sharp drop last week.
The chart below is showing:
→ The 2nd decline was from 01/11/2023.
→When it dropped to 125% resistsnce, it gained support and rebounded for 5 days.
→ However，USDX resumed its downward trend last Monday by trading below previous day's low.
→Sharp declined on last Tuesday from 75% resistance to 175% resistance.
→Rebounded from 175% to 150% on Wednesday and Thursday.
→Broke below 175% support level on Friday.
Future support levels: ( pink lines)
→225% $103.025
→300% $101.705
→375% $100.383
All in alignment with the previous bottoms ( blue arrows)
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