Olu

Dollar Index: Triangle

INDEX:DXY   US DOLLAR CURRENCY INDEX
4
I am track this index because it gives an overview of the collectivr strength of the greenback against the major currencies. I am actually short this index off a previous idea I published. However now price is nearing support levels and I am trying to judge whether the journey down is nearing completion or whether it has more legs.
If we get a bounce off the 9717 area it could target the 99.7 area which will smack the euro back down to the 105 area
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.