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KarYong
Feb 19, 2017 2:48 PM

2017 Week #8 - DXY Slightly Bearish Bias Short

U.S. Dollar Currency IndexTVC

Description

As long as price remains below 101.76, we remain bearish.

Price has completed a diagonal structure from the high on 3rd January 2017 to the low on 2nd February 2017, and is now in a correction towards the potential area between 101.53 - 102.07.

Price hit the high at 101.76 and reversed. We are now seeing more downside as long as price remains below 101.76.
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