cfetrader

Dollar Index trend options

TVC:DXY   US Dollar Currency Index
50 0 1
Two major patterns seem to emerge in the DXY             weekly chart, an inverse head & shoulders and an ascending triangle . As long as the dollar index             values trade above line(1), the rise scenario remains open. A break down would confirm the corrective C-wave             . So far the cloud has offered support twice. (PS: daily indication on chart should be weekly).
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