DXY

Outline of trades to come for the next week in gold and usdollar pairs.

SUPPORT IS HOLDING ON A WEEKLYDOLLAR NEEDS TO EITHER BREAKDOWNOR TAKE OUT THE RESISTANCE FOR US TO TRADE THAT MOMENTUM NEXT WEEK

$DXY USDOLLAR FINISHING CORRECTION LOWER > IF WE GET TO THE TRENDLINE SUPPORT, LOOK FOR BULLISH MOMENTUM TO GO LONG!

The major area of interest should produce either a bounce for a new leg up which we'll hop on to trade or take it out in which it opens up to a further USD sell off across the board which also is very tradable.

FIB plus TRENDLINE

Taking a look how Im going to trade the USD in upcoming weeks

trend is down and should resume so after the pullback

Wait for the close below the trendline and enter your favorite USD pairs

needs to break either direction

USD is under pressure taking out H*S pattern and targeting previous lows. You can easily trade it against EUR GBP AUD NZD etc as they all should be appreciating vs USD.