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peterbhc

DXY Distribution conclusion

Long
U.S. Dollar Index (TVC:DXY)  
peterbhc Updated   
TVC:DXY   U.S. Dollar Index
Beyond Technical Analysis
16
4
beyondta
I see DXY coming to a conclusion and forming a distribution top.

Still need to break above to upper test and then a final UTAD to the upper channel.

After the UTAD, that should be the end of the bull run in DXY.

Good Luck
Comment:
snapshot

DXY is holding the 50% retracement, this could begin the bullish impulse
Comment:
1D MA50 acting as support. It will be interesting to see how this daily candle closes. A bullish hammer candle would be very telling.
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