ruby_kinetix

$DXY for more stronger move

Long
TVC:DXY   U.S. Dollar Index
US stock market fell on Friday 24th Jan. Gold hardly to claim up. Those behavior may fuel the $USD currency ( $DXY) to go higher. my 1st target is 98.40/50 area, and possibly it may go higher after the test. The down slope (dashed blue) is only reflection line from previous down move action. It mean nothing for me right now. i just want to see the sellers will do more short covering when price move away from the upper down slope, or I might see the new money selling and bring the chart back into bearish move.

Right now, I am bullish in #USD #DXY


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