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Ash_C

Potential Downfall of the American Dollar

U.S. Dollar Index (TVC:DXY)  
Ash_C Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Harmonic Patterns
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trendanalysis chartpattern harmonicpatterns
If DXY breaks below 95.00 in the coming weeks, look to short the dollar against EUR, CHF, CAD, XAU.
Trade active:
As we can see, 97.00 was tested again and rejected. The rejection down completed a head and shoulders and pushed the value of the DXY down below to the 0.382 fib. DXY should have a consistent downwards move in the coming days and weeks. Now we should look for the move to the next target at the 0.618 fib level.
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