kartier

Bullish possibilities with the DXY

Long
TVC:DXY   U.S. Dollar Index
Price has recently broken above a lower high level indicating a possible trend reversal is due to occur. We can also see that price broke above in an impulsive fashion which strengthens the breakout in my opinion. Price seems to be retesting the breakout level, this could confirm the reversal if price rejects it or shows bullish rejection. However I am bullish on the DXY until price breaks below its higher low on the daily chart.
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