TradingView
meszaros
Aug 15, 2019 12:13 PM

USDOLLAR before 0.51% decline... Short

Dow Jones FXCM Dollar IndexFXCM

Description

The exchange rate does not follow fractal rules for the time being. Therefore I used ATR axis strategy. The white ATR axis indicates that the exchange rate movement is strengthening towards the south. And the green and brown shafts are the standard MA100 and MA200 shafts. Currently, the intersection of the MA100 mirror axis and the ATR mirror axis has stopped further dollar index appreciation. Therefore, I expect further adjustment from this level. Target price is 12336.
More