Flyingblackcat

Dxy to 115 or short term bear market

Short
TVC:DXY   U.S. Dollar Index
Looks like dxy lost its momentum, can't do higher highs any more and wants to retest monthly support area (105.00).
If we lose the grey area then we're going down to 105 to retest monthly support otherwise we're going up to 115 but there's no strong breakout which can claim that area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.