TAcharts

Reluctant Bullish Shark

TVC:DXY   U.S. Dollar Index
While we got our anticipated initial reversal thrust at our higher high (within the 1.13-1.618), but
DXY has been riding up the AC/B parallel channel. I view this channel as a key to break to
help confirm that the PRZ may in fact be reached. It is not uncommon to have price break the
channel, but then retest (kiss) before continuing. Observations I have found helpful.
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