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Dollar Index: Sideways opportunity on 4H.

U.S. Dollar Index (TVC:DXY)  
InvestingScope  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY dollarindex Dollar Index Futures DX1! DJ FXCM Index Forex Currencies currency
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trendanalysis chartpattern indicator dxy dollarindex dx1! usdollar forex currencies currency
DXY has successfully tested the 92.50 Support today twice. If it holds then on the 4H chart (RSI = 39.680, MACD = -0.240, ADX = 46.240) then that is a solid sideways opportunity within the Support and the 94.00 Resistance (which has also been tested twice (red arrows). As you see the MACD pattern is quite similar with that of the June consolidation.




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