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BlueberryMarkets

ANALYSIS: USD TO TO BREAK LOWER

Short
U.S. Dollar Index (TVC:DXY)  
BlueberryMarkets  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators Forex forextrading AUDUSD EURUSD GBPUSD usdindex blueberrymarkets
5
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trendanalysis chartpattern indicator forex forextrading audusd eurusd gbpusd usdindex blueberrymarkets
The weekly chart closed bearish on the USD index and that sentiment is likely to continue with seasonality favoring shorts also.
The 4hr chart shows price working within a wedge pattern, and we expect the price to re-test the upper resistance of the pattern before
seeing further downside. We will be looking at bearish price action at $97.00 to short the USD across the major currencies, especially
GBPUSD, EURUSD and AUDUSD.
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