jojofang0901

DXY Can we expect USD strength coming in ?

Long
jojofang0901 Updated   
TVC:DXY   U.S. Dollar Index
Hello everyone:

Beginning of July I was looking at DXY for bearish move down to the recent lows.

We have now see a double bottom on the most recent price action, potentially seeing a reversal opportunities.

Down to the lower time frame, I see a potential bullish move in the making. Price is forming continuation correction, heading up to the descending channel structure.

I would like to see a strong breakout of the channel then looking for lower time frame correction to enter for the buy.

Thank you

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