TradingView
KevinHin
Oct 6, 2017 6:01 PM

DXY at a critical level. 

U.S. Dollar Currency IndexTVC

Description

Last two weeks we have had a nice bullish run up to 94.00.
There are a few options that are on my mind.

- We either break 94.00 and have 96.00 as our next target.
- We have a nice Daily close below 94.00 and aim for 93.00 as our first target.
- 93.00 Will also be a critical level to see if price will break it our bounce back to 94.00 > Probability of breaking 94.00 will be higher.
- 93.00 will let us through to 92.00 and lower.

I expect the Dollar to be -10%/-12% by the end of the year.
More