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DXY - Weekly Chart Analysis

Long
U.S. Dollar Index (TVC:DXY)  
tradingwithyg  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY dxylong longsetup longterm weeklyoutlook dxyanalysis forextrading Forex
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trendanalysis chartpattern indicator dxy dxylong longsetup longterm weeklyoutlook dxyanalysis forextrading forex
Price Action: Bullish
Pattern: Break and retest of trend resistance
Long-Term Momentum: Bullish
Short-Term Momentum: Bullish
Bias: Long
Action: Enter all U.S. pairs after a break and retest of WR (95.16) level.
Comments: Price is currently testing the 130 EMA on the weekly chart. This EMA is often the last area of S/R when momentum is shifting. The last candle in the chart also indicates the price will continue to move in a bullish manner bc of the strong bounce off trend resistance
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