MozzaB

USDX Short set up on 15 minute chart

Short
FX:USDOLLAR   Dow Jones FXCM Dollar Index
A nice multidiagonal short set up is forming on the lower timeframe charts of the USDX around the 12625 level. We can expect this to feed through into other multidiagonal longer term trades on metals such as gold, which could see a bounce on a USD fall at the confluence in this chart.
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.