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U.S. Dollar Index
Short

DXY will continue moving down!

79
As you see in the DXY weekly time frame chart, It has been rejected by the downward main trend line and it did a false break out from 100.00 resistance zone. Now its moving under the previous channel and probably we will see a pull back to 95.00 broken support that now acts as resistance. Afterwards if 90.00 support zone fails to support it, Then we will see a bloody waterfall to 85 and 80 supprt zones.
TiranTrading
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Parallel ChannelSupport and ResistanceTrend Lines

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Parallel ChannelSupport and ResistanceTrend Lines
TiranTrading
Also on:

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.