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JoshFX1
Jul 2, 2017 9:18 PM

Dollar Index Heading Back Up Long

U.S. Dollar Currency IndexTVC

Description

On the daily time frame the Dollar index has finally broken free from its bullish wedge. High probability that the upcoming week we shall see the dollar climb.

On all dollar pairs there's also a nice setup in favor of the dollar.

Comment

So far only green candles after the break out of the bullish wedge ;)

DXY stil has potential to hit 98. However I am not surprised if on thursday or friday a corrective red candle will show up

Comment

After the initial spike up it went trade sideways, creating a new upper and lower range. Shall publish a new DXY ideas with this new range on sunday
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