AleksVince

WILL DXY TO COMPLETE CHANNEL MOVE?

Short
AleksVince Updated   
TVC:DXY   U.S. Dollar Index
Double top formed and price has initiated a nice drop on the ascending channel. Go short USDXXX and Long on XXXUSD pairs that are corresponding to this technical structure.


Comment:
Its stupid simple, understading the market structure

Comment:
Dxy will continue to move in the channel. Use it as an indicator for USD based currencies

Comment:
Dxy managed to push lower. What I expect now is a consolidation before another breakout to reach the intended target

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