barryam
Long

US$ Index at Daily Channel Support

INDEX:DXY   U.S. Dollar Index
25 0 2
The channels were based on highs & lows of pennant (red triangle), the March high and May low. Interesting how price has acted around the channel lines both before and after the pennant . Uptrend channel was cloned and price is now at clone's lower line, with dojis indicating indecision. Looks like an opportunity for a good risk/reward long trade with, say, UUP             , risked to just below last swing low.
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