Mihai_Iacob

DXY- Can it reach 100 by year's end?

Long
TVC:DXY   Indice devise Dollar U.S.
After breaking above the rounded bottom neck-line in November, DXY has confirmed its long-term trend change.
The month of December is marked by consolidation in a rectangle with resistance in the 97 zone.
I expect a break to the upside soon and we can have a 3 digits Index quote by year's end.
As long as the price is above 94.50 USD is very, very bullish
Sell rallies on EurUsd, GbpUsd. AudUsd and NzdUsd can be a good idea

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