Fxprotrader
Long

DXY Soon To Reverse And Rally

TVC:DXY   US DOLLAR CURRENCY INDEX
118 0 13
Forecasting DXY             is always a good idea as it effects all the USD pairs. DXY             is in a downtrend and will soon test the lower bond of a descending channel. At that level we have a previous low (purple line) and when price reaches we should keep a closer eye for a buy setup depending of your strategy. I will personally look for a consolidation followed by an impulsive move up.

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