Short term f/u up on the US Dollar: Near moment of truth.

INDEX:DXY   U.S. Dollar Index
With Mr. Trumps win there has been a big burst of optimism for the US Dollar             with one more more jump up. Will is go to a new near term high or reverse before going higher than C? Of course I don't know. But there is a negative reversal followed by a bearish divergence in the both the monthly and daily RSI's. And often with such a combination a change in direction occurs. Like all indicators none is always correct. But makes it so that I will not be surprised if it reverses soon. But will wait for a "sign" to add to my small short position.
Take care. Hope this is helpful but process thru your own rules. Feedback always appreciated.

Article discussing potentials for the dollar from President Trump's actions.
goodguy jangseohee
@jangseohee, Beautiful chart. Thanks. I appreciate you still keep an eye on me. Take care.
+1 Reply
jangseohee goodguy
@goodguy, hi, yes, i followed you
as your chart is precious and timely, i thought i just enhance your view ^_^
if USD is in last moment of up, it will retrace back to 95 or even 92 hopefully
then commodities will go up for 3-6 months
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