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GrizzlyBearBee

DXY breakout: Wait for Daily close

Short
U.S. Dollar Index (TVC:DXY)  
GrizzlyBearBee Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Technical Indicators Beyond Technical Analysis Technical Analysis fundamentalanalsysis
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trendanalysis indicator beyondta technicalanalysis fundamentalanalsysis
A breach of the 0.618 level and technical support will expose the Year-to-date pivot Low. It could be a Fakeout too based on the current fundamental information.
Comment:
A breakout happened and I'm now waiting for a retest to confirm the head and shoulder. However, this is highly unlikely given the volatility in the Equity markets
snapshot

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