breakingpipsacademy

Overview of DXY

TVC:DXY   U.S. Dollar Index
We have seen some strong bullish USD action so I wanted to use this chart to show how it will help you trade pairs like EURUSD and USDJPY

We have seen a nice reversal pattern from September until now and it will most likely continue into January or early February before we see USD go extremely bearish. You will see justifications on the other charts that will be marked up

Side note. The 3 arrows are the months of October in 2015, 2016 and 2017 - all are bullish candles. Coincidence?
Comment:
So far, so bull
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.