ThemasterFxIdea

DXY on the 1H time-frame

Long
TVC:DXY   U.S. Dollar Index
DXY on the 1H time-frame.
Steps:
1. Dollar index already breakout the resistance zone and now standing on the Fibonacci level 161.8% at 93.402
2. The next resistance line is the same level of the Fibonacci 261.8% at 93.982
3. Waiting for the inflation rate and QE tapering announcement to be effective with DXY.
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