Olu

Dollar Index: Bullish Case For New Highs

Long
Olu Updated   
TVC:DXY   U.S. Dollar Index
5
Comments on the chart
Comment:
This week's action was dissapointing. Price rose out of the gate but by the end of the week price was barely clinging to gains. Inverse hammer candle on the weekly chart. Price is still bullish imho
Comment:
nice strong action to the upside. Apparently we are closer to a rate hike. More upside to come imho
Comment:
Price is still going up so I have to remain bullish. I dont like those upper wicks on the candles though. It makes it look like price is labouring upward and is struggling
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