Marenno

Analysis of DXY for the 1st part of the week ahead week ahead

INDEX:DXY   U.S. Dollar Index
Rough Analysis of for the 1st part of the week ahead week ahead (27.07.2015 - 31.07.2015)

1W Direction Strong UP

1D Direction Friday closed beyond the Thursday's high - possible down continuation is possible

Currently at 23.6% Of the current swing (end of which has not been confirmed yet)

Did have a possible 1/1 reversal tale on Thursday, but has not been confirmed on Friday

Tactics:

I'm not sure that It's time to go down yet, So I think we will have a few UP days ahead

Possible signals on the chart

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