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simonparris_

- - dxy analysis and game plan for this week - -

Short
U.S. Dollar Index (TVC:DXY)  
simonparris_  
TVC:DXY   U.S. Dollar Index
Multiple Time Frame Analysis Parallel Channel DXY dollarindex dxyindex dxyshort dxyshortthenlong
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mtfa parallelchannel dxy dollarindex dxyindex dxyshort dxyshortthenlong
DXY FORECAST:

- the DXY could possibly reach 92.0 before continuing the downtrend channel to lows of around 88.247
- Dollar weakness suggest some buys will possibly be available on eur/usd since they are inversely correlated.
- Open to the possibility that the DXY has already made its bullish push and may continue, meaning it may not reach lows of around 88.
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