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kjfxmonk
Nov 12, 2018 3:23 PM

$DXY - US Dollar Index Update - Going higher, but not much more Long

U.S. Dollar Currency IndexTVC

Description

Dixie broke out overnight in European trading thanks to the common currency's 80 pip drop to new 2018 lows. There is more room for the #Dollar to run, but I expect it to stall around 97.88 which is the .618 of the entire 2017-2018 drop. This would coincide roughly with EURUSD around 1.1190 a figure that I expect to be touched early this week, before a major bounce. #FOREX
Comments
AlexKuptsikevich
Agree with "Long" by this Index! Here is my trading idea:


Please, take a look and comment whether you agree or not.
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