USD is bearish but it'll bounce back up first

TVC:DXY   美元指数
368 3
in a channel
Support at 99.42, and all it has to do is break the bearish channel resistance and go up to 102.00 area, then it forms a head and shoulders on the daily chart.
I predict bullish USD from here on out until it hits 102
x2ManyPips nikitafen46
@nikitafen46, there's a higher probability that it'll stay in trend
+1 回复
nikitafen46 x2ManyPips
@x2ManyPips, True, I am hoping it will break out, but not taking any trades based off a bullish USD, yet. But, once it reacts in either direction with any S/R level or trendline I will place positions. Best of luck.
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