Cyclist999

DXY-Decreasing Triangle

Short
Cyclist999 Updated   
PEPPERSTONE:USDX   US Dollar Index
Main support around 100.7 area.
Lower highs are obtained.
Decreasing triangle formation has been wathcing.
Price expected to go around 100.7 area, if it cannot go above and 1D-close above decrasing trendline.
Educational only*
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.