Down Move coming on DXY?

SaleemJunedLala Updated   
TVC:DXY   U.S. Dollar Currency Index
My projection for the DXY on the hourly chart:

Expecting the DXY to go down from the current levels i.e. 101.48 or from 101.57

It can go down till 100.63, retrace back a little from there and then head down to 100.08 zones.

Strong resistance at top with the completion of a ABCD Pattern & Bearish Butterfly pattern along the same zone.

But, CPI and Yellen testament tonight might invalidate my view.
Seems to be going the way predicted, will keep an eye out
Trade closed: target reached:
Went exactly the way expected


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.