kenny_ponde

DXY ( dollars index )

Long
TVC:DXY   U.S. Dollar Index
The range area of 94.714- 93.997 is a nice area of R/S ( Resistance/Support ). The plan was for the price to pass that area and retest before the jump aiming the 97.665 which is an institutional Zone.

That range level is a valid level simply because it was tested 3 times since 2017 on a weekly timeframe. the weekly candlestick has closed quite bullish now, I'm just expecting a retest to have another proper entry.

Expected pips : 3015
Type of trade : long term trade / swing trade
Possibilities of primary pairs impacted : GBPUSD, EURUSD, AUDUSD, NZDUSD

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