koralesky
Long

USD Downside trend projection.

TVC:DXY   U.S. Dollar Currency Index
Firstly fundamentals: Trumps specific policy, his trade wars, etc. makes me think, that US Dollar index is under big pressure, and it might affect with a bearish movement for that currency.
In the other hand, if we look what happens on the chart, we can see really strong supply zone , that has been respected by DXY . In my opinion USD is going south, with the targets that I have marked.
Taking everything into the conclusion, my long term view of DXY is bearish , and seeing it on the 88 level is just matter of time.

Comments

HI ( MOIN ) I see in D and H4 a Chanal so the price go short to the UK 94,2/3 and up to thise long to 95 and news highs
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