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TukkaNomist

Risk to dollar or the basket currencies ?

US DOLLAR CURRENCY INDEX (INDEX:DXY)  
TukkaNomist Mis à jour   
INDEX:DXY   US DOLLAR CURRENCY INDEX
Trend Analysis Chart Patterns DXY dxyindex dollarindex
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trendanalysis chartpattern dxy dxyindex dollarindex
DXY is on edge of the support at 96. RSI has formed positive divergence but yet not turned up. Circle marks the perfect support which should be touched by 23-26th July, if it has to work. The overall frame of the trend is still pointing 94 but positive divergence can't be ruled out. Better to be on the sideline and see which support is in motion. If it comes to 94 then the overall trend, started at 103, will get complete and we might see a bounce from there towards 96-98 zone.
Trade fermée manuellement:
touched 94. and closed below it
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