tradingtone

DXY Bullish action

Long
TVC:DXY   U.S. Dollar Index
Dollar Index has been in a downtrend for quiet a while now, but was broken out this week. The retest was done and successful and higher prices are there to be reached with the target of 93,06. There is a wick to be filled on the Daily chart and Fibs and resistance zone align perfectly. This is how I am looking at it in the 4 Hour chart. Hope this helps! Cheers
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.