twadke72

Bye bye birdie to dollar

Short
TVC:DXY   U.S. Dollar Index
I'd say the show is over. Weekly is exhausted from several perspectives. Daily TF looks ugly already, eur bottoming...very little chance for more upside.
We might have last dance on this level, max one more week, steam to disappear even more and then down.


My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators. Of course, I might be wrong as well.
Forecasting bottoms and tops, not target levels or price path.

Don't forget to enjoy your day:)


Disclaimer:
This is my personal journal, not investment advice for anyone.
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