failathon

Monthly support on the DXY?

Long
failathon Updated   
TVC:DXY   U.S. Dollar Index
Lot of tension going back and forth - zooming out for a 40,000ft view, are we setting up for a nasty DXY spike up?

Looking to go long USD pairs.
Comment:
First test - can we punch above 89.71 (S3)?

So far, so good... NZDUSD has puked, USDCAD is lagging a bit, so's USDCHF which I was expecting to be my lead indicator. All eyes on the data this week for sure.
Comment:
Twice failed to punch above 89.71... now a 50% test... do or die on the dump.
Comment:
Headed back for a retest of 88.46... time for minor low, will watch idea for now.
Comment:
NFP has come and gone... but on the 4hr it still looks like a lower high. I'm still biased to USD strength, but really want to see either a breakout & pullback, or go make a new minor low then start loading up.
Trade active:
Happy with the failure to punch through 88.50 - loading up on USD longs (USDCAD favoured)

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