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Is DX primed for upward momentum? 50 Day Moving Average Support shows up after slipping 0.31%
DX finished lower by 0.31% on Thursday, August 6th, trading 1.5 times its typical volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 12.74, 12.66 & 12.54, with resistance at 12.93, 13.05 & 13.13.
Current SwingTradeBot Technical Rating of DX: C
This might just be the start. See what else showed up for DX today.
Read full article here »