TradingView
FUNTRADER-Vera
Feb 16, 2019 12:35 AM

1602 DXY has rejected from the top resistance region Short

U.S. Dollar Currency IndexTVC

Description

DXY has rejected from the top resistance zone.
This happens after 2wks rising from 95.48.
Consider this is a sideways movement on the top region that DXY could drop down back to the purple bottom zone on daily chart.

On monthlt chart, we see a evening star appeared in last three month. DXY could make a new bearish candlestick on Feb following that evening star.

This could make a new swing on month chart that DXY would drop down to 90.50 in 2019.

LESS IS MORE!
More