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IkanBilisCapital

DXY potential extended correction then DUMP!

Long
U.S. Dollar Index (TVC:DXY)  
IkanBilisCapital  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY dxylong dxyshort dxyanalysis dxyforecast
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trendanalysis chartpattern indicator dxy dxylong dxyshort dxyanalysis dxyforecast
DXY saw some upwards consolidation this week. We could see more of it in the coming week but the upside is capped.

BULL CASE
The 93 level should form some kind of resistance for the index and shortly after it should dump to the downside.

BEAR CASE
The pair could reverse from the 200MA and retest the 91.5 level.
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