peterbokma

DXY-SELL+

Short
TVC:DXY   U.S. Dollar Index
My previous analysis stated sell 100.50-101.00 with stop-loss @ 101.55. This would be executed, and now we are much higher and we can re-enter this market.

The RSI is overbought and as noted GBPUSD i extreme, which gives us a better change for DXY to move lower again.

Strategy is SELL @ 102.20-102.50 and take profit @ 100.17 for now. I feel we should add SELL @ 103.25 when seen.

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