The-Engineer-7

DXY - USD INDEX

Long
TVC:DXY   U.S. Dollar Index
The downward wave 1 is about to be completed near 102.200, we are looking for upward direction as long as prices never breaks 102.200 , another reason for ending the downward direction is a triangle correction (wave 4) which always come before last wave. in addition a clear diversion in MACD indicator which is a signal for new direction.
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.