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CCKC

WEAK USD UNTIL MAY 2020

Short
U.S. Dollar Index (TVC:DXY)  
CCKC Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns usdollarshort
4
0
trendanalysis chartpattern usdollarshort
DXY HAS BROKEN THE DAILY UPTRENDLINE AND IS NOW MOVING DOWN IN A CORRECTIVE MOVE.
Trade active:
Price has broken previous double-bottom support and hit TP1. It has now retraced back up to the broken support and is using it as resistance.
Comment:
Lower Low and Lower High. Looking for a high price to sell again to TP2.
Comment:
PULL BACK UP TO 97.50 MAJOR RESISTANCE ON DE-ESCALATED TENSIONS VS IRAN IN THE NEAR TERM. USING THIS TO ADD A SELL ENTRY OR TRADE USD WEAK PAIRS.
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