Rabo

DXY/USDOLAR BEARISH HEAD AND SHOULDER

Short
TVC:DXY   U.S. Dollar Index
DXY/USDOLLAR breakout of head and shoulder (H/S) pattern where price has broken and retested broken neckline to continue bearish with stoploss at 94.86, takeprofit1- 93.39, 93.13, 92.21 and a 1/2.7 R:R RATIO (190pips) price also moving in bearish channel where further breakout of channel confirms bearish H/S scenario. GOOD LUCK

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.