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yin888

DXY turning tides?

Long
U.S. Dollar Index (TVC:DXY)  
yin888 Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
The greenback looks stronger this week, gaining back its losses previous week slowly. Blue rectangle area is a strong resistance zone as we've seen price bounced from this area a couple of times. If price successfully breaks above, my bias on USD would be bullish LONG TERM.

As long as this daily candle closes with momentum to the upside, I believe the DXY is turning back up. Let's see...
Comment:
Price might be forming a solid double bottom. Crucial thing to watch is whether ECB is dovish or hawkish in the coming days because this could announce a STRONG Dollar comeback. Or also push the Greenback further lower

www.tradingview.com/chart/9k3hQFWO/
Comment:
Sorry, ignore the previous link. Here is the updated chart idea just posted:

DXY turning tides? (update)

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yin888
DXY turning tides? (update)
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