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nwike
Jun 8, 2019 6:21 AM

dxy Short

U.S. Dollar Currency IndexTVC

Description

diagonal 5th wave in its final wave
Comments
Lorenzooob
sorry for this stupid question but where can I trade this one? (can't find it on oanda or Forex.com)
nwike
@Lorenzooob, its dollar index,not all brokers have it. many used to check strength of usd currency
kunsan
Nice chart. Everyone else seems to think the wedge has already broken. They might be right of course. However I have targets at 98.8 and 92.2 and, like you, I wonder if there is a final upwards thrust still to come. If the Fed doesn't cut in June (and I see no reason for them to cut so early) perhaps that will be a catalyst for one last push higher.
nwike
@kunsan, thank you

Technically speaking the wedge isn't complete yet, i guess we would have to watch what would happen this week
DACapitalTrading
nice trade buddy, leave us a comment on our profile aswell :)
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