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JUpAway
Jan 17, 2018 5:37 PM

DXY to continue lower from these levels Short

U.S. Dollar Currency IndexTVC

Description

DXY is looking to continue lower from current consolidation levels. We broke head and shoulders from my recent chart and now have been in a downwards channel and broke below that as well. On USDCAD news this morning, we didn't see the dollar push up any on a nearly150 pip spike in USDCAD pair and now USDCAD is about to breach 1.24. I continue to see weakness in DXY continuing.

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