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themarketzone

Stop hunt, False Break and a Pinbar - The Dollar is going down

U.S. Dollar Index (TVC:DXY)  
themarketzone  
TVC:DXY   U.S. Dollar Index
Trend Analysis Harmonic Patterns Chart Patterns DXY dollar_index EURUSD
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trendanalysis harmonicpatterns chartpattern dxy dollar_index eurusd
I've been writing about the option of a bearish correction wave in DXY in the recent weeks.
Last week's stop hunt leads me to think that this time it will break down and continue towards the 200 MA line.
All it needs now is to break the short term support....
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