FUNTRADER-Vera
Long

0511 DXY is about to make a few weeks sideways movement

TVC:DXY   U.S. Dollar Currency Index
DXY             has just finished a DOJI on weekly chart alone with a slightly RSI DIV             .
97.20 is the highest position in 2018 now.
Will this position be retested again later?
I guess so.
Because DXY             needs a few weeks sideways movement to break that trendline .
That is probably making a preparation for 2019's 1st season bear top. Actually only 8 weeks left in 2018.

So this chart is used as a trading tip for other currencies.
And marked as LONG based on the weekly chart.
Less is more!
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