Ninja_Snipes_fx

DOLLAR INDEX idea

Long
TVC:DXY   U.S. Dollar Index
I think we could see DXY break the current high on 4hr after the news event this afternoon.

TARGET 107.900

Alternatively, we could see it fall below the trendline in which case we will wait for a sustained break of the level before getting bearish on DXY.
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.