Short

Dollar Index Resistance

Updated

Hey traders! Hope you're having a good day wherever in the world you are :) So today I bring forth to you the dollar index which just doesn't seem like it doesn't want to give up it's monstrous run up in the past few weeks... until now I hope. I've drawn in what I think might be a good area of resistance and you know what that means. Time to look for shorting or long opportunities that are paired with the dollar and/or even commodities such as Oil, gold, etc.

So get to it and lets make some $$$$.

Note

Dollar dropped off steadily on this. I have two positions open with USD/JPY and USD/CAD now. Will be holding on to these over the weekend.

Agentzereo

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.