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Mihai_Iacob
Dec 21, 2021 3:59 AM

DXY- Can it reach 100 by year's end? Long

U.S. Dollar Currency IndexTVC

Description

After breaking above the rounded bottom neck-line in November, DXY has confirmed its long-term trend change.
The month of December is marked by consolidation in a rectangle with resistance in the 97 zone.
I expect a break to the upside soon and we can have a 3 digits Index quote by year's end.
As long as the price is above 94.50 USD is very, very bullish
Sell rallies on EurUsd, GbpUsd. AudUsd and NzdUsd can be a good idea
Comments
MillionaireEconomics
2 weeks left, I don't think so. but definitely in 2022!
Mihai_Iacob
@CRYPTOPICKK, from 96.5 to 100 are 3%...so, not so crazy:).
EurUsd is holding more than 50% in this index, that would mean around 1.09...not crazy at all:)
But first we need that break up
AnonimFXRO
Great work !
ogihore
I wouldn't expect anything major till 2022 Jan. No trading till then.
UnitedSignals
I agree with your technical outlook!
VasilyTrader
I have similar expectations here bro!
TheSignalyst
it is approaching a resistance. let's see if the bulls are strong enough to break it upward
Vibranium_Capital
looks great! keep it up buddy
MadWhale
agree
EliteTradingSignals
Bulls are strong here!
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