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VladimirRibakov

US Dollar Index Short Term Sell Idea

Short
US Dollar Index (CAPITALCOM:DXY)  
VladimirRibakov  
CAPITALCOM:DXY   US Dollar Index
Trend Analysis Trend Lines Multiple Time Frame Analysis dollarindex DJ FXCM Index dollarindex_setup dollarindexview dollarindexshort DXY dollarindexforecast
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trendanalysis trendline mtfa dollarindex usdollar dollarindex_setup dollarindexview dollarindexshort dxy dollarindexforecast
H4 - Price respected a key resistance zone and bounced lower.

Uptrend line breakout.

Lower lows.

H1 - Bearish trend pattern.

Currently it looks like a correction is happening.

Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
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