DXY Rejection at 61.8 Short Short

U.S. Dollar Currency IndexTVC

Description

⋅ Nov 20, 2016 5:29 AM

Price broke through the upper weekly trendline to hit the 61.8 retracement level on the monthly and has been rejected. There is significant bearish divergence and am watching for a potential fall to test lower weekly trendline.

Comments

Emeka_933

⋅ Nov 20, 2016 9:01 AM

No DXY will keep going up