TVC:DXY   U.S. Dollar Currency Index
Pattern: Triangle on 1D.

Signal: Sell once the price closes below the 4H MA50 (green trend-line) which has been the sell confirmation on the previous bearish leg of the Triangle. Also the price got rejected on the Lower Highs trend-line of the Triangle. Notice how the 1D RSI has been on a Bearish Divergence.

Target: 90.000 (a little over the 0.9 Fibonacci retracement level).


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Good news for Gold?
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