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Rocketman
Jan 14, 2022 3:58 AM

US Dollar: Past Resistance = Future Support/ DB Break Retested Long

U.S. Dollar Currency IndexTVC

Description

Fundamentals:
Same
Too early for deleveraging...

Technicals:
US Dollar's Retest of Weekly Double Bottom Breakout
Past Resistance = Future Support

Conclusion: Stay on the same course....

Comment

Weekly:

Comment

Daily:

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Comments
Mihai_Iacob
Dxy is under confluence support, it can drop more in my opinion
Rocketman
@OptimoomFX, Yes. Taking small trades into it. It can break through as there are no other weekly signs to suggest that it will bounce.
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