jojofang0901
Long

DXY Will Bullish price action give us confirmation breakout ?

TVC:DXY   U.S. Dollar Currency Index

Hi traders:

USD is looking great for upside continuation's.

We see price impulse out of the previous channel structure, and bullish momentum to the upside.

Price is currently at the previous tops, forming correction.

Good indication we can expect further USD strength to come in.

Wait for the confirm breakout to the next tops.

Thank you

Comments

Great analysis
+3 Reply
@Tulip06, thank you :)
Reply
Nice analysis, sir. Keep it up.
+2 Reply
jojofang0901 SunnyHillCapital
@SunnyHillCapital will do, you as well
+1 Reply
Excellent
+2 Reply
jojofang0901 Aspergilous
@Aspergilous thank you
Reply
How much time and money did you spend on trading?
+2 Reply
jojofang0901 jeannebabinrose
@jeannebabinrose, I have been trading for 7 years. Be prepare to lose money in the beginning to learn trading. My honest opinion :) thank you
+1 Reply
It can push lower also..
+2 Reply
jojofang0901 MasterYodaFX
@MasterYodaFX, Certainly possible as well. :) Personally just want to see the confirmation breakout and correction to follow in order to give me the confluence for further upside, if it doesn't happen then will watch for more price development, thank you.
Reply
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