FUNTRADER-Vera

2804 DXY: correction is starting9

Short
TVC:DXY   U.S. Dollar Index
DXY did not make it pass through the red channel but made a signal for a possible correction on daily chart.
This is a good sign for a corrective wave inside the red channel.
But it still got the blue channel supporting it upward trend.
And that one is not a easy one to bread so far.
The corrective wave start from the reflection point of the red channel will guide DXY down to 96.7 first .
Then we will see another possibility of 99.65-100.
LESS IS MORE!

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