TVC:DXY   The U.S. Dollar Index
30 1 3
Price had a long run up on the daily, and is in consolidation now. After hitting the top of the range, price formed a breakout formation. It broke out, and retested the level at 98.5. Price has steadily declined, and is now within a descending channel . We just saw a large dip in prices, indicating to me that there is a strong move to go down from here. Looking to get in for a short on the retest of the 95.985 level. Aiming for bottom of range.
Comment: Target price achieved.
Entry level holding prices down. Looks like price will start making its move down from here.
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