AnuragJaiswal

DXY Analysis (dated 02-12-2018)

TVC:DXY   U.S. Dollar Currency Index
Dollar is on the bull run right now, expecting it to end anytime sooner, also it has reached and rejected the 61.8 Fibonacci retracement key ratio.
But with NFP on the cards this week where we expect the data to be in favor of the dollar, Technically I'll wait the price to break both the structure and the Weekly pivot point in order to take a short positions(or be short biased).
So wait for the break of the levels marked on chart , and go long when 61.8 fib ratio is broken or short for the conditions explained above

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