Since my latest analysis for 
DXY it has consolidated between 98$ and 100$ and formed 3 more potential patterns.
3 of the patterns complete just below 100$ making sell zone 1 (see in chart) a very strong resistance zone.
2 more patterns - Two Butterfly patterns - Complete near 101.5 and that makes the top of a longer term potential reversal zone in Dollar index.
100$ - Sell Zone one
101.5$ - Sell Zone two
100-101.5$ Longer term resistance zone
Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
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DXY it has consolidated between 98$ and 100$ and formed 3 more potential patterns. 3 of the patterns complete just below 100$ making sell zone 1 (see in chart) a very strong resistance zone.
2 more patterns - Two Butterfly patterns - Complete near 101.5 and that makes the top of a longer term potential reversal zone in Dollar index.
100$ - Sell Zone one
101.5$ - Sell Zone two
100-101.5$ Longer term resistance zone
Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week goo.gl/gg59or
To subscribe to the newsletters - goo.gl/HXjCPV
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
Trade closed: target reached
Final target reached. 200 SMA line
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.