FUNTRADER-Vera

1602 DXY has rejected from the top resistance region

Short
TVC:DXY   U.S. Dollar Index
DXY has rejected from the top resistance zone.
This happens after 2wks rising from 95.48.
Consider this is a sideways movement on the top region that DXY could drop down back to the purple bottom zone on daily chart.

On monthlt chart, we see a evening star appeared in last three month. DXY could make a new bearish candlestick on Feb following that evening star.

This could make a new swing on month chart that DXY would drop down to 90.50 in 2019.

LESS IS MORE!

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