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xosignals

Forecast for the coming week #DXY

Long
U.S. Dollar Index (TVC:DXY)  
xosignals  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY dxylong dxyindex dxyanalysis dxyforecast dxysignals dxyidea dxybuy
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trendanalysis chartpattern indicator dxy dxylong dxyindex dxyanalysis dxyforecast dxysignals dxyidea dxybuy
Since last week the dollar broke resistance but failed to keep up the momentum, the dollar weakened and dropped back to support line 97.4.
The area where the dollar stops is also supported by the yellow line (200 moving average line).
The Stochastic is in a bullish position on the daily graph.
The dollar is trending up in the daily graph.
Bullish signal with a target: 98.3
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