Get started
Newmans.Analysis

DXY - US Dollar Index - Long set up

Long
U.S. Dollar Index (TVC:DXY)  
Newmans.Analysis  
TVC:DXY   U.S. Dollar Index
LONG buy DXY dollar_index Fibonacci Retracement pullbackbuy 38.2 pips
3
1
long buy dxy dollar_index fibonacciretracement pullbackbuy 38.2 pips
Price broke through a pretty strong descending trend line. I'm looking for a possible long position opportunity. Buying around the 94.20/94.30 area at the 38.2 retracement.

Let me know your thoughts on this setup. Thanks!
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.