FUNTRADER-Vera

1210 DXY should worry more about 97.80 than 100

Short
TVC:DXY   U.S. Dollar Index
We were thinking DXY would try to approach 100 on our last idea.
But it actually only got a very weak support from 98.70 and start to drop down to the bottom support line of the wedge.
Now it would need to decide which way to go.
Up with the orange arrow or
down to break the support line to test 97.80 later.

Considering current chart, we would prefer the latter one.
But may not get a conclusion on the first two trading days of next week.

Good luck!!!

LESS IS MORE!

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