LevRidge

DxY update

Long
LevRidge Updated   
INDEX:DXY   US DOLLAR CURRENCY INDEX
Looking at the big picture on dxy is interesting.. we had a clear double bottom after a big bullish breakout that has now retraced 50% to make another double bottom.. this is not bearish yet.
Comment:
One more note on this.. if you were to play the 1st double bottom then your best entry would be after the exhaustion pull back which happens to be where we are now.. :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.