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IkanBilisCapital

DXY looks poised for strong trend upwards

Long
U.S. Dollar Index (TVC:DXY)  
IkanBilisCapital  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY dxylong Forex forextrading
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trendanalysis chartpattern indicator dxy dxylong forex forextrading
The DXY ended the week green after finding support on the weekly MA. It looks read to test higher levels.

BULL CASE
We think the bottom is in the DXY and it is ready to find momentum to the upside to test the 95.0 area before any significant correction

BEAR CASE
If the week were to end red, it needs to first test the 93.5 level before finding downside.
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