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alextradesfx
Jan 18, 2020 11:47 AM

DXY - Daily - Long Long

U.S. Dollar Currency IndexTVC

Description

Those equal highs are still there for the taking on the US Dollar Index. Last week, after some initial accumulation and price going sideways, we saw classic institutional manipulation via a false move to the downside. I finally got the bullish momentum I was waiting for on Thursday and Friday.

I’ll be looking for more strength going into next week, at least until ~97.80. Will we continue past this level or simply fake out into 98.00 and reverse? I’m still long until I see otherwise.
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