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TVC:DXY   U.S. Dollar Currency Index
Reversals take time. The Dollar Index has been bullsih most of 2018 and it is now showing signs of slowing down, consolidating and/or reversing to the downside. Ofcourse this will offer great opportunities for the dollar related currency pairs.

Last week the trendline on the 4 hour chart got tested and rejected but at the end of the week it got broken again. There is a trend line on the bigger time frame coming up right after this one so we're nog jet in a downtrend. Over the coming weeks I'm expecting more dollar weaknes.


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