FUNTRADER-Vera

1008 DXY is not correcting as expected

Long
TVC:DXY   U.S. Dollar Index
The big pic for DXY is up up up .
And the correction did not appear as expected.
Dollars is still strong and it approach the blue line ( recent highest high) where now looks like some minor sellers are trying to sell DXY now.

And this purple channel is what DXY is now following. The green line position 96.30 is where DXY could hit up to once it break the blue resistance line.

Less is more!
Comment:
DXY hit the purple channel and made a refelction point on the channel WHERE CORRECTION START.

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