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Olu
21 de Ago. de 2017 21:17

DXY: Immediately Bearish Corto

U.S. Dollar Currency IndexTVC

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Comments on the chart

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The DXY decided to thwart this idea right after I published it. Price went up today against my idea for a fall. however if you extend the broken lower uptrend line it look like a retest of the underside happened today. So tomorrow will determine whether this idea is to be binned

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Price retreated from the underside of the lower uptrend line thereby helping my idea. So still bearish

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Dollar Index has broken the most recent low. More downside is expected

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Downside price action seen today. More expected.

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92.00 fell with style as expected
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