Forexintelligence_NA

DXY Might repeat the same move and it might fall!

Short
TVC:DXY   U.S. Dollar Index
Traders, I see another good opportunity that is unfolding. Previously we noticed the rising channel on DXY, again we see similar pattern as to the previous one. My prediction on DXY is it will fall to the support of the current rising channel. If possible it will repeat the same move as on the previous channel, breaking the support of the current channel towards the recent low.

Entry can be taken as follow with reduced risks.
Sell at 93.477
TP at 93.042
SL at 93.726

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