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DerrickMaine
Jun 14, 2019 5:39 AM

DXY, LONG 

U.S. Dollar Currency IndexTVC

Description

overall daily and weekly chart is still bullish with higher highs and higher lows(channel)
price bounced on weekly support trendline, h4 double bottom
broke above my H4 higher low
i see it heading to 97.5
a break above that should mean more bullish to challnge 98 level
and possible break it to complete Daily channel around 98.5, creating higher highs

Trade closed: target reached



range square target(97.50) has been breached through
possible retest on 97.50 and head to challenge previous highs

Comment



on the weekly chart, closing the week off with a massive bullish engulfing
a fairly promising sign to hit upside targets next week

Comment



very nice break and bounce above 97.5 as anticipated last week
A daily close above and i believe we should be safely heading North
Comments
DACapitalTrading
Keep it up! strong waves
DerrickMaine
@DACapitalTrading, thank you
DACapitalTrading
all the best! Keep it up!
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