dead2live

DXY Bullish Longer Term

TVC:DXY   US Dollar Currency Index
dxy
The Moving Averages Indicate Bullish .

Current price exacts 61.8 fib. Other indications are that a retrace is highly possible.

A retrace historically (but only once, obviously) is to the 50 moving average before returning to trend.

Much depends upon OPEC's decision tomorrow and others, but the chart is bullish overall.

I anticipate, at least, a charge to 103.

Predictions: Either continued charge upward or a significant retrace.

good luck

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