robus
Short

DXY : Long Term Bearish on 1 Week Chart

TVC:DXY   US DOLLAR CURRENCY INDEX
342 1 16
We are in second wave of deeper correction in 1W chart, since 80s. we may see huge weakness and falling dollar in F16-F17. here 92.5 and 88 is crucial barrier for medium term range.
Comment: 94.5 remains crucial resistance to clear for more upside.
We may see dxy ranged between 94 to 94.5 in this week.
Comment: DXY trading at very crucial levels 94-95 after 2 weeks of recovery from 92 levels.
Comment: engulfing 96 would be breakout from weekly bearish channel and enter new bull zone.
Comment: 96 remains illusive for DXY
Comment: Looking very bullish at 97. possible 100 insight.
Possible downwards towards 94.7
DXY : Reversal within descending channel
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