SwissPips

DXY (USD): Interesting point to observe!

Long
TVC:DXY   U.S. Dollar Index
Hey guys,

Just plotted a pitchfork on DXY and we can see that it has perfectly rebounded from the bottom area.

We have a double bottom formation in the daily and I am expecting the index to test now the median line.

Should the test be successful, DXY will definitely be in a BULLISH mode and will go and test the highs of the pitchfork.

Stay tuned

Cheers

Jesse

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