JaimePantoja

DXY - Technical Diagnosis

TVC:DXY   U.S. Dollar Currency Index
So Far the price fits its action within the boundaries of an Up Trend Channel, therefore I would expect a corrective movement around the lower limit and in a lower time frame look for long set ups ... lets see how the price action evolves ... trade with care
Comment: So far the price has gone to test the LSH, therefore the market fits its action in the middle of the Trend Channel, therefore I prefer to wait until it reaches some extreme because there is the place where the traders get fearfull and significant movements with good Risk:Reward ratios take place
Comment: after breaking the LSH. it is likely that the price is going to look for the upper limit of the trend channel
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