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Dollar Index: Consolidation before breakout

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INDEX:DXY   US DOLLAR CURRENCY INDEX
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Comments on the chart. As long as the black line holds...
Komentar:
Consolidation price action with the upper and lower limits intact just as I expected. If a triangle is forming this as good a point to see some upside past 99.29 but below 100.47
Komentar:
A move up from here will build another leg of a possible triangle. Black line is still holding as well
Komentar:
The original idea is still holding true. I was calling for some time -wasting price action for the end of the year while the black line holds. We are getting exactly that.. I am still looking for an upside move after all this is done
Komentar:
97.22 is still intact so my idea of a time-wasting consolidation above the black line is still in play. Ultimately I am looking for a breakout to the upside
Komentar:
Consolidation still in play...
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