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DXY waiting for RSI to suggest a bottom of some sort, or not.

I'm Just doing DXY TODAY. Hope you would enjoy the perspectives.

Note

1/ We have not retested the broken channel's line on weekly and monthly which stands @ roughly 92.9xxx.
2/ Three indicators showing and favoring and upward move to say the least 92.9xxx.
3/ this is all based on just technical, we need fundamentals to confirm such bullish break out.

Note

Retesting of the broken channel, or Bulls are in control first target 95 !!!

Note

We tried testing the broken channel's line, did not reach. Red dot # 2 is just basic

101 channel's target.

Note

92.945 is the key on weekly as we try to "Re enter" the
broken green channel.

Note

On a weekly candles, William % is alone by it self below the line, will Stoch & RSI follow ? they look kind of far a way. Red dot #2 looks like our next legitimate target.

Note

Getting close to a trough here, just need RSI to confirm it.

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

twitter.com/samitrading1

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samitrading

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