#DXY (Intraday perspective: Bullish from 92.315) Prices are cu | IC Markets

#DXY (Intraday perspective: Bullish from 92.315)
Prices are currently bullish as it is holding above the ascending trendline support. Prices might bounce from horizontal pullback support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards 127.2% Fibonacci retracement and 161.8% Fibonacci extension fibonacci confluence zone. If prices push down, prices might take support on horizontal pullback support in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. EMA is also below prices, showing a bullish pressure for prices.