EvanJones

Retracement and then Resume

Long
TVC:DXY   U.S. Dollar Index
2
The Dollar Bulls are back in favor as data although somewhat not ideal seem to support a rate hike this month and it seems that investors may be pricing in this rate hike.

A nice trendline has formed and the Dollar has broken it to the upside which means a potential move to the North! Await for the retracement and upon either a bullish candle or pin bar type candle longs would work well with stops below the lows upon a retracement made.

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