TradingView
AlwynPinto
Mar 1, 2021 8:52 AM

DXY, USD Index still in uptrend above  Long

U.S. Dollar Currency IndexTVC

Description

While all the talk in the town is against USD, My view is for stronger USD at least to the next target 94 ish mark, if not more.

Trade is invalidated on a daily close below 88

Weekly RSI divergence also supports the idea

thank you

Trade closed manually

There is a rising wedge taking shape, which could pullback usd significantly before heading higher again

Trade active

Buy can be activated with stop loss below yearly low
Comments
Dave-FX-Hunter
Bravo
AlwynPinto
@Dave-FX-Hunter, thank you
SainBlank
on the way :)
AlwynPinto
@SainBlank, yes it is
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