SinatraFX

DXY heading further upwards pre NFP figures after correction

Long
TVC:DXY   U.S. Dollar Index
7
DXY heading further upwards pre NFP figures after correction

DXY heading further upwards pre NFP figures after yesterdays correction within its all february upward trendchannel.
It found resistance in the channels ceiling on February 29th and then had to surrender to the crossing of the channel ceiling and the downtrendline from January 29th in yesterdays session, further confirmed by a second testing and then the decline with only the 98.2 line posing as some sort of support.

Keep this in mind trading USD pairs. Make your own analysis before entering into any trade.

May the pips rain down on you!

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