Burkemason

DXY Short

Short
TVC:DXY   U.S. Dollar Index
Break of trend line, Macro fib level and market structure. Looking for price to retest the previous support area around the 99.50 area. Price has the opportunity to push higher as well to the trend line support. (This could line up well with the 99.17 level of previous support to turn into resistance). Break and close above the macro fib level would invalidate this trade setup.
Target price 1: 98.82 SL to BE
Target price 2: 98.00

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