INDEX:DXY   US DOLLAR CURRENCY INDEX
Dollar breaks its upper resistance of 96 on daily scale..
DXY has now entered in wave 3 of wave 5 !!
ABC correction is complete since DXY has broken it's upper resistance !!
With First Rate Hike Expected to come in Sept : DXY will continue to rise ahead because of more Dollar buying by debt laden countries !!
Expect some more fireworks ahead in all commodities plunging to yearly or decade lows !!!

Long DXY ( US Dollar ) & Short Crude Oil / Brent Oil !!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.