ForceFollower

USD in the Breakout Pattern

INDEX:DXY   U.S. Dollar Index
151 2 1
The U.S. dollar, if it cares about what I think :-), should be bullish again, but first I expect it to bounce off of the red down sloping trend line .
butterliesel
3 years ago
do you think now it will reverse again to the downside?
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ForceFollower butterliesel
3 years ago
Well, it made to my technical targets and it might like to roll over now and go down. But I don't think it will do that due to the style of the recent rally. I give it more room to the upside, expecting the price first at 81.01 and then, if it shows strength, at the tops (81.19).
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