DXY Long Setup USD Relief Rally
Updated
The dollar has been under some pressure and now I think
we will see a reverse in trend towards the upside .
I have drawn the obvious head and shoulders with the right shoulder to possibly develop.
In which case I favour a move upwards towards the 91 area which will build
our right shoulder .
This in turn will put pressure on Gold prices * See below for my gold short analysis * .
Follow and Like for Daily analysis and setups
Know your Invalidation and use a SL .
we will see a reverse in trend towards the upside .
I have drawn the obvious head and shoulders with the right shoulder to possibly develop.
In which case I favour a move upwards towards the 91 area which will build
our right shoulder .
This in turn will put pressure on Gold prices * See below for my gold short analysis * .
Follow and Like for Daily analysis and setups
Know your Invalidation and use a SL .
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