Chris_90

DXY - Possible downside

TVC:DXY   U.S. Dollar Currency Index
DXY is showing signs of reversal. It formed a rising wedge which it broke out of last week. I have 2 areas of interest marked out. Fridays candle had strong momentum and closed as an engulfing candle so there is a good chance we could see a push up past the first AOI before coming down which will also give the 3rd touch of the upper trendline. Will be watching for signs of reversal throughout the week which will give us opportunities to go long on some xxx/usd pairs.

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