Viking83
Short

DXY: Reversal time

TVC:DXY   U.S. Dollar Currency Index
Price has struggled to break out higher and have been rejected several times from resistance zone , forming a rounded top. Time is up and reversal highly likely.
Comment: From the trendline i expect a Bounce, then this:
Trade active
Comment: Fake ugly breakout lol to get dollar bulls on Board. Now they are trapped poor souls.
Comment:
fail on this HS?
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@Serse, Not yet
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mmmm ... IMO looks like a fake brake out of gold, just take a look to gold's volatility and dxy. DXY looks like its going to 91.91 (.38 fibo) then uptrend.
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Viking83 showerreport
@showerreport, DXY looks to have a date with the 50 % fib as posted in comment, its unnatural to get that close without touching. I expect bounce there at 91, but not then a higher high
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Great chart. Totally agree. Thanks
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Nice chart!
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