pixi
Long

DXY still bullish

TVC:DXY   U.S. Dollar Currency Index
234 1 13
HI,
Last FOMC release with a "no change" about interest rate has surprised nobody.
Market had already priced in and expected news don't change the trend.

That's said, DXY             is still in a wide range between about 93 and 100 since February 2015 with a monthly support at 94.7. As long as we are in this range, a good option is to buy the low and sell the high of this range.

A gartley bullish completed at 94, on mid-august, is still in play and hitted its first TP (0.618 of AD).
For now, i'm expecting that dxy             reaches 94.7 / 94.6 in the next 3 days where are located 2 bullish patterns (see chart) and supply zone .
I will check on stochastic for any bullish divergence in order to secure and confirm this trade.
If so, i will go long to target 98


Trade closed: target reached: Didn't get my entry point as expected, but got a long at 95.7 close now at 97.5
Trade closed: target reached
Nice work! Solid trade too.
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