themarketzone

Another attempt to break 102$

themarketzone 업데이트됨   
TVC:DXY   미국 달러 인덱스
DXY is up this morning following Trump's speech.
The Dollar is making another attempt to break above 102$ and continue towards 105$ to complete the bearish Crab pattern.

102$ is still a level that you can try and short DXY (or go long Majors) but notice that the Dollar bounced from the trend line and the Fast MA line - This is a sign of strength... not weakness.

Next high impact event for USD will be Yellen's speech on Friday.
코멘트:
Failed to break above 102$ - Bearish sign?
Still above uptrend - Bullish sign?

The Dollar can't find direction.
Critical levels remain valid.

Read my updates and more trading ideas - Link in signature
코멘트:
Trend Line continues to provide support - Eyes on the Fed.
Breakout above 102$ or a crash below 100$
We will know by the end of the week

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