DXY Technical analysis Short

U.S. Dollar Currency IndexTVC

Description

⋅ Sep 4, 2018 8:24 AM

The dollar index is currently in a downtrend in the 1-hour chart.
It has formed an elliot wave and is due for an ABC correction.
So we expect the pair to find resistance at the resistance line and make a bearish move from there.

Trade closed: target reached

⋅ Sep 6, 2018 4:53 AM