TheSecretsOfTrading

DXY continues teasing

Short
TVC:DXY   Indice devise Dollar U.S.
DXY keeps consolidating around the local top area, forming an ascending triangle - the breakout will be crutial therefore this remains to be monitored. Either breakout will lead us to the according major trendline. Considerating SPX being oversold and VIX consolidating - it is likely for the Dollar to take a pause and go for that correction much needed soon.

Stay tuned for the upcoming NFP. I remaing Short until I see the correction.

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