TradingView
Michaeljacque
Jun 20, 2017 5:31 PM

DXY Bullish Flag  Long

U.S. Dollar Currency IndexTVC

Description

The recent Us rate increase drove The us dollar From the 61% retracement (96.44) to its current price (97.89). My personal expections is a test of the 38% (99.22) retracement of May 3rd 2016's 91.92 to janurary 3rd 2017's 103.79 high. my expection is reinforced by what looks to be a Bullish flag pattern, along with the fed's Promise to raise rates again for the year.
More