qLstory

DXY

qLstory Updated   
TVC:DXY   U.S. Dollar Index
Here we can see that the Dollar is getting stronger.
I will keep an eye on it for setups in the future.
Comment:
by checking the daily, we can see we are still in a down trend with some space to the trendline.

possible scenario's:
- retest the resistance/support line and going up to the daily trendline
- bounce of/ break it
Comment:
buy watching the H1 we can see it moved back to the support/resistance line.
if it bounce up of it - that mean EUR/USD could go more to the downside
Comment:
we are at the daily trendline.
looks like it will bounce of it but it's to early to make a decision.
Comment:
right now the dxy is breaking the trendline.
let's see if he have candle close above too
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