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IdealabTrading

Buy Dollar Strength over coming weeks

Short
Indice devise Dollar U.S. (TVC:DXY)  
IdealabTrading  
TVC:DXY   Indice devise Dollar U.S.
Trend Lines Fibonacci
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trendline fibonacci
Whilst the argument is strong for a weakening Dollar longer term. (perhaps)

It looks like at the moment the DXY is having a retracement (which may last until early Feb)

The bearish scenario could play out here with a solid rejection from the downward sloping TL.

Or invalidation and continuation of the trend if DXY manages to break above (and hold) the 107.013 pivot.

Thoughts?
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