solitude79

DXY facing very heavy resistance

TVC:DXY   U.S. Dollar Index
The index is facing a major resistance zone. Possibility of a retrace and forming a head and shoulders pattern. Wait for break of black line.

On the other hand the other currency charts against dollar show that they are still weak and dollar may surge upward once more, unbelievable as it may seem. So watch it and be careful. No hasty entry in any direction.


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