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weiloon940718

DXY : MAY FALL FIRST THEN CONTINUE TO RISE

Short
U.S. Dollar Index (TVC:DXY)  
weiloon940718  
TVC:DXY   U.S. Dollar Index
2
0
The price falls from the resistance level near 97.50 and goes down to point B. It retest the FIBO 0.618 of AB and reversed down, so there may be a continuous downtrend to level near 94 where FIBO 0.786 of XA and AB=CD is located. So i am interested to short it NOW.
TRADE IDEA :
SELL NOW AT 96.19
SL : 96.70
TP : 94.00
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