VasilyTrader

Dollar, Show us your STRENGTH!

Long
TVC:DXY   Indice devise Dollar U.S.

dxy reached a key 3 days/daily structure.

on 4H the price set a double bottom pattern with a higher low.

looks like greenback is finally preparing for a pullback.

the last resort for bears is 97.05 resistance.
if bulls manage to close above this level on 4H, the price will most likely keep growing further.

target levels:
97.5
97.8


in case of a new lower low formation, the market will go lower.
next goal will be 95.9

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