M-royce

Potential Sell for Dollar Index ??

Short
M-royce Updated   
TVC:DXY   U.S. Dollar Index
The Dollar Index

1) 9670 - 9700 = key resistance area
2) AB = CD
3) Fibo extension 1.414 of AB
2) Trendline has been broken
2) Strong breakout candle = engulfing candle

Stay tuned!
Trade active:
Shorted Dollar Index and bought EurUsd at the same time (inverse of Dollar Index)

Dollar Index
Tp1 = near-term support
Tp2 = next key support
Comment:
Tp1 for both dollar index and EurUsd hit.

Move stop to breakeven.
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.