quantguy

The US Dollar Hits Our Next Profit Target!!

Long
TVC:DXY   U.S. Dollar Index
The US dollar continues to surge, barely affected by Macron's win in France, which gave the Euro a slight relief rally. We dipped down to 99.82, where we saw strong support, as anticipated. After that, we rocketed back through 100, to hit resistance at 101.39, and eventually blast through that, to hit our next profit target at 101.70. We are currently meeting resistance confirmed by a red triangle on the KRI. If we retrace, expect support at 101.39, 100.98, or 100.46. If we are able to continue the bull rally, then 102.86 is our next target.

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