WadeYendall

DXY Expecting corrective bounce in the green zone.

TVC:DXY   U.S. Dollar Index
The dollar finally broke lower after a false bounce off the lower channel. This has gapped gold up and will probably help emerging markets.
I am expected a short term corrective bounce back to the break down point offering a chance to enter dollar sensitive instruments like gold or silver.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.