themarketzone
Short

Pay attention to these two patterns on Dollar Index

TVC:DXY   U.S. Dollar Index
Dollar index             started 2016 with a rally from the 98 support zone .
We will probably see the Dollar heading to re-test 100$ and there are two patterns that you should monitor now:
1. Bearish Gartley - Just below 100 $DXY             will complete bearish Gartley pattern.
2. Bearish Butterfly - A pattern I mentioned in the past - Completion near 101.5

Potential reversal in $DXY             means potential reversal is coming for the Majors. Will the NFP created the trigger that will ignite USD sell off?

Tomer, The MarketZone.net

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