goodguy

We did get a bounce. But not sure what's next.

INDEX:DXY   US DOLLAR CURRENCY INDEX
usd
Hope you had a great Memorial day break. We did get the bounce I suspected might happen 12 days ago. but since what I had labeled 1 down has been exceeded. the pattern now is more of a a-b-c- corrective pattern. So one possibility is another a-b-c to about the yellow box area then more down action. But we could get a continuation of the previous bull trend and exceed the recent high. For myself I will not consider re-shorting til the current shorter term dotted uptrend line is broken. Take care. Goodguy
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.