dead2live

DXY The Forest and Ranging

TVC:DXY   U.S. Dollar Currency Index
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It's really amazing how so much damage to the dollar can be done, but the technicals are still identifiable and within the original confines such as this dollar swing being confined within the trend lines beginning back in 2014.

This is such a volatile ranging as a result of the trade wars. Ideally, she'd pump right back up, but the talk of tariffs, war and political division keeps it confined.

We can pick the bottom trendline for a break down below or, perhaps, she'll break out of range and upward toward the next resistance. Nobody knows even the dollar.

There are numerous places to put trendlines and one must conclude that are the different perspectives from the differing players. Even more fascinating.
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