goodguy

Follow up on US Dollar. May be bounce soon.

INDEX:DXY   U.S. Dollar Index
Things have worked out well from my last posting (see link below). We have almost hit the target I suggested. If my counting happens to be correct then .5 often relates to the size of .1. One possibility in this case .5=.68 x .1 at around 92.78 which is close to the 93 I suggested earlier. We have a potential bullish divergence int the RSI as well. Personally I have covered my short position to wait and see what happens next. Good luck to you. Goodguy.
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