DXY (DOLLAR INDEX) long
As you can see we had a double bottom formed and fully respected this and pushed the dxy long towards our descending trend line, it broke the trend line on the 13th of this month and retested it using the trend line as support, we expect the dxy will go long and form our ‘W’ pattern plotted on the chart.
As you can see we had a double bottom formed and fully respected this and pushed the dxy long towards our descending trend line, it broke the trend line on the 13th of this month and retested it using the trend line as support, we expect the dxy will go long and form our ‘W’ pattern plotted on the chart.