DXY on a potential rally

20 mag 2018

The strong negative Standard divergence could trigger a short term rally to the down side before resuming it course and Bulls regain control of the market. We are then waiting for a clear breakout of the trend line to consider any sell position. fail to do so, we will still look for the perfect entry to buy. Remember to move stop losses to Breakeven as soon as the trade goes positive of about 200points.

Weekly analysis. DXY