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U.S. Dollar Index
Long

Forecast Dollar-Index this week: retrace, then further advance

By xtrader1
Updated
This a follow up chart on the intraday forecast of Wednesday (https://www.tradingview.com/chart/DXY/Nxvu7QT9-Forecast-Dollar-Index-today/). Expect a retrace to 101.00, then a further advance to 101.75. If really strong 102.00 is a possible secondary target.
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Update: downside target (101.00) hit. If dollar pushes deeper, look for 100.85 as secondary target. But keep an open mind for reversal up at 101.00.
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Update: First target 101.75 (almost) hit. Just 2 pips short in this feed. Expect Dollar to retrace for another leg higher. New target is 102.00 (tonight or tomorrow).
dollardollar_indexdollarindexdollarlongdollarsetupDXYdxylong
xtrader1
Sultan of Swing

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