Ocean98

DXY OUTLOOK

Long
TVC:DXY   U.S. Dollar Index
DXY looks bullish on higher time frames, we still have plenty of room for bulls to come and pick up the momentum to the upside targeting 95.96 as our first key area which also aligns very well with our weekly key area. but for the coming week i do expect to see a dip into the previous rage breakout. if you were to look at the weekly chart you would see a nice 105 days range breakout or double bottom with breakout on neckline, theory wise it's more likely to see a price coming back to validate that breakout. i am long but i do anticipate a short to 93.33 for the week ahead
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