Team_MonteCarlo

DXY Update

Long
TVC:DXY   U.S. Dollar Index
On the Last DXY post we followed the wedge and shorted this. we have now arrived at the bottom and I suspect that we will start climbing our way back to about 101 level or until we hit the falling trend line.

Long term it seems that this will be DXY last rise to the upside. failure to break above the wedge will result in a large decline.

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$$$
Trade closed: target reached
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