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DXY: Update On Strength, Jack Be Nimble, Part 7

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Two days ago I published charts on DXY.
The US Dollar was approaching a down-trend line at $94.30. I cautioned you at the time that DXY must breakout to the upside at this level.
After several attempts, DXY failed.
I sold my long DXY positions on May 11th, 2016.
In my opinion, DXY will remain in a down-trend until $94.30 is broken convincingly to the upside.
Please look at the next chart, USDJPY. This reversed as the DXY failed at $94.30.
I hope this has been helpful. I hope all of your trades go well. Don.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.