Peet_Serfontein

DXY: m-top pattern applicable

Short
TVC:DXY   U.S. Dollar Index
Is a M-top pattern busy unfolding?
A price action below 113.5 supports a bearish trend direction.
Crossing above this level will negate the ebarish stance.
Further rend support below 113.00.
Consolidation price range from 111.5 to 112.5. Crossing below 111.50 might assist the price action to target 110.5.
Crossing above 112.5 might be the first sign of pending strength.

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