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jasperlawler

Dollar breakout: DXY > 97 is bullish

Long
U.S. Dollar Index (TVC:DXY)  
jasperlawler Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Support and Resistance Fibonacci DXY dxylong dxyindex dollar dollar_index dollarindex
3
1
trendanalysis supportandresistance fibonacci dxy dxylong dxyindex dollar dollar_index dollarindex
The dollar index has rallied strongly out of its consolidation to make a bullish breakout about 97 resistance

Scenario A) Price holds above 97 to target 99 in line with Fib replacements on weekly chart
Scenario B) False breakout and price falls beneath 97
Trade closed: stop reached:
Scenario B) False breakout

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