Olu

DXY: Long Term Direction Is Still Up IMHO

Long
Olu Updated   
TVC:DXY   U.S. Dollar Index
9
Comments on the chart
Comment:
Price touched 100 today and fell back. We have seen similar scenarios before i.e first touch pullback and then another run which is usually successful. It is a bit overbought on the lower timeframes so a pullback is expected
Comment:
Back above 100. I am looking for higher prices
Comment:
Price is clearly out of the shaded rectangle.The chart is not updating I dont know why. I am bullish the $ and looking for at least 104. Price is overbought thought but what are indicators in the face of a determined upmove?
Comment:
Price seems to have resumed its upward trajectory after a shallow pulllback. only time will tell if the pullback is over but I am overall bearish
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