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mattytb84
Apr 23, 2017 11:05 AM

Weaker Dollar Short

U.S. Dollar Currency IndexTVC

Description

Price action looks incredibly similar to me when the Fed initially began hiking back in December 2015. Something to follow should the price break lower

Any thoughts or ideas are appreciated

Comment

Comment

Although i can appreciate we are at big support, the more i look at the DXY on longer time frame the more i believe this is due a bigger correction and a dollar top is in......We have a monthly reversal candle rejecting at a major trend line after posting new highs, which falls at the 61.8 retracement and the completion of the inverse head and shouder pattern......Dollar needs to hold here or it could get messy



Comment

Good start for the first 50 minutes,lol
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