FTE1995

DXY: SHORT - H + S Neckline break + Re-test

Short
TVC:DXY   U.S. Dollar Index
**This is an update to my original idea published on July 6th

TECHNICALS:

1.
- Price was forming a H + S Bearish reversal pattern
- Price broke through neckline support of the pattern to confirm
- Price is now re-testing the neckline (now acting as resistance)
- Neckline @ ~ 19.46

FUNDAMENTALS:

- A lot of geopolitical tensions at the moment are
proving very negative for USD including:
- The North Korea tensions
- Tarriffs

Appreciate any thoughts/comments,
Thanks for reading,

James
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