DXY (US Dollar Index) Daily Time-frame 11/9/19
DXY Long Idea
Overall higher time-frame analysis shows a moderately strong bullish trend
Current price action has bounced near the bottom of this channel after forming a clear double bottom and breaking toward the upside after a swift retest
DXY will most likely try to test the monthly resistance zone again near 100.000 in the short term
Price reaction near this zone will help us determine where DXY is headed next
Overall higher time-frame analysis shows a moderately strong bullish trend
Current price action has bounced near the bottom of this channel after forming a clear double bottom and breaking toward the upside after a swift retest
DXY will most likely try to test the monthly resistance zone again near 100.000 in the short term
Price reaction near this zone will help us determine where DXY is headed next
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