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FUNTRADER-Vera
Dec 18, 2018 1:13 PM

1812 DXY: RSI DIV on daily chart Short

U.S. Dollar Currency IndexTVC

Description

DXY would have trouble if it push up again with RSI DIV on daily chart.
Our last idea was saying the possibility of 98.70.
However, DXY is giving us another possibility in the first two trading days of this week.
That is why usually we would love to make a call after Monday.
The red trendline is considered broken now and DXY might
rally up to retest it if FED decide to rise rate again on Wednesday.
On that case, once everything is settle down same as what
the market expect, price would probably really start to drop down to make a new low.

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