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May 13, 2023 10:38 AM

$DXY - Keep an 👀 

U.S. Dollar Currency IndexTVC

Description

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TVC:DXY CAPITALCOM:DXY

TVC:DXY - Keep an 👀

Currently we are within the range: Lows: 100.820 Highs: 103.150
Pattern: Wedge

We are at an very interesting area when it comes to dollar! Keep your eyes wide open a break above 103 areas, we could easily go towards 105 handle. However, if we are to close below the range of 100 areas then bears are still in control. A great break out trade idea!

Keep in mind those trendlines going down.

Trade Journal

Trade closed: target reached

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