2017-12-22

DOLLAR INDEX

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DXY ON DAILY PRICE CHART ,  AS I STATED EARLIER AT 11/12/2017 ABOUT THE  IMPORTANCE OF THE DESCENDING TRENDLINE , PRICES  STILL SWINGS AROUND IT , IT DISRUPTS PRICES FROM CONTINUING TO MOVE UP TO REACH THE INVERTED HEAD AND SHOULDERS‘TARGET , MOREOVER THAT DESCENDING TRENDLINE CREATED A POTENTIAL HEAD AND SHOULDERS , WEN PRICES CLOSES BELOW NEARLY 92.25 IT CONFIRMS THE PATTERN , SO PRICES NEED FIRST TO CLOSES ABOVE 95 LEVEL TO NEGATE THAT PATTERN AND THEN HEADING UP HIGH TO THE TRENDLINE‘S PEAK AT 102