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mcpeacocks

DXY Weakness

Short
U.S. Dollar Index (TVC:DXY)  
mcpeacocks Updated   
TVC:DXY   U.S. Dollar Index
Chart Patterns Technical Indicators DXY dollar weakness
5
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chartpattern indicator dxy dollar weakness
97 level previous support has already been broken
now being tested, but cant close firmly above
there is also the weekly uptrend bottom channel line (purple) - confluence restance.
expect dollar weakness - ie EURUSD up, USDJPY down

lower timeframe analysis shows trendline (green) broken
snapshot
Comment:
this looks like it could have been a false breakout to the downside as DXY is moving back into its weekly channel
snapshot

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