peterbokma

DXY (USDOLLAR INDEX) - SELL strategy

Short
TVC:DXY   U.S. Dollar Currency Index
This index helps to gauge the USD direction, and will support the positioning in US dollars in general.

The INDEX is on the high side and the channel currently is 96.04 top and a bottom 93.74. The market is overbought USD and this means we will see corrective activity based on NEW MOON and RSI that is currently 74.0.

Sell USD positions in general, or this index.

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