chongyinliang
Short

Potential Downside for DXY

TVC:DXY   US-Dollar Währungsindex
A H&S pattern forming on the daily timeframe and it looks like it has broken the neckline of it. Potential short opportunity could come in when it retests the support-turned-resistance neckline. First target would be the recent low at around 91.09

Has also completed the minimum 3-wave             structure for a correction wave. Expecting another impulse move to the downside soon.
Kommentar: Updated idea on DXY here:
Kommentar: Wow, how much 1+ month could change DXY. After breaking support, price went on to almost hit the extended 23.6% fib level @ 88.08
We might see a pullback in this week.
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