peterbokma

DXY-RANGE but downside bias

Short
TVC:DXY   U.S. Dollar Currency Index
We are ranging and the 96.15 cloud resistance will likely be respected. We should re-attempt the lows 94.67, but we have cloud support 95.15 as well.

The stochastic is negative, and the MACD is negative but turning positive (if we would moved beyond 95.85).

For now, sell between 95.70-95.90 and keep stop-loss 96.27 and profit at 94.85

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