peterdcharlebois

DXY- The sloping trendline is very important

TVC:DXY   The U.S. Dollar Index
Well... at least the downside risk is obvious. The price action around the trendline will be interesting
Comment: The DXY has stalled at the downward sloping trendline. A clear break has not happened yet. At this time, it's about a 50% chance it could go either way and some correction is due. These are the times and places to be most patient. I have to sit on my hands.
Comment: Broke above and then failed and broke back below the trendline.... Wich way DXY... wich way?
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