rezamousavi

DXY needs to make decision

TVC:DXY   U.S. Dollar Currency Index
After last weeks big down and up, DXY is in range now.
A triangle is firmed and it has 50-50 chance to goes high and down.
DXY has chance to make new high after break triangle and also can goes lower to touch bottom line of channel.
But it is in lower time frame and I think it will range in this area in higher time frame for a while.

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.