US DOLLAR CURRENCY INDEX
Viés de baixa
Atualizado

Dollar long crowded

622
Seems to me dollar is set for bigger correction as long trade got too crowded recently. Appropriate development is to be seen in gold btw, where shorts started to cover a little.

See several reasons for exhaustion of dollar run and completion of W3 started @72.69:

- 103.5 resistance
- 103.32 w5=w1 ext target
- longterm ascending channel median hit
- Wolffe pattern 1-3 line hit

Currently weekly top doji breakdown triggered sell signal.

There is lot of supports below, however, expecting retrace at least to inner epa 1-4 line (pink), more likely to 92 area where is .382 fib @91.93, max to W1 top 89.61.

Trade safe all.
Trade fechado: objetivo atingido
ap line hit :)
snapshot

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.