Taneesha

DXY/ Dollar overall direction long.

Long
TVC:DXY   U.S. Dollar Index
I am looking at an early double bottom pattern. we are at the monthly support. We also bounced off the 50% fib level and made a new Higher low. I am thinking that XXXUSD will be an overall down trend and USDXXX will be an overall uptrend this week. We do have some news this week, so we have to be careful when we enter.

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.