USDx Jan 7th 2018

TVC:DXY   U.S. Dollar Currency Index
22 0
Price rejected the 50% of a previous consolidation (yellow) last week, friday's price action took out a bunch of lows but did not make a new low. To me, this says it was a stop hunt and we are poised for higher prices; at least taking out the high made on the 4th.
Trade closed: target reached
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