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AlphaDreams
Jan 17, 2017 5:35 AM

DXY - Channel BO test or Bump-and-Run Reversal Top Short

U.S. Dollar Currency IndexTVC

Description

Great bull run on the US Dollar. Is it bouncing off of the channel, wanting back in, or exiting lower? I'll watch. Not trading this, but trading Gold while watching this and pairs with the USD.

Comment

Gold was a good short, it dropped quite a bit and could retrace before falling more or could turn north. I'll be watching if it crosses the 2.36 fib mark; until then, still holding short.

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