jojofang0901

DXY Can we get this dollar strength breakout?

Long
jojofang0901 Mis à jour   
TVC:DXY   Indice devise Dollar U.S.
Hi traders:

As you know I do have a long bias on USD.

I see DXY could potentially have a bullish breakout, and in come the USD strength for up coming weeks.

I do want to see if price will break out of this descending channel structure, follow by a continuation structure to push the price up.

If we do see this move, then it gives other USD pairs extra confluence for a short term buy opportunities on them as well.

Thank you
Commentaire:
We see some USD strength coming in now, a break above this structure also. I do want to see more continuation correction to develop from this point up.

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