DXY has completed a full 5 point wave. I am expecting a strong pushdown, which is being hinted at with the topside wick rejection of the last weekly candle!
This will provide short opportunities for major pairs with the DXY as the base pair ie. (USD/XXX)
This will also provide long opportunities for major pairs with the DXY as the quote pair ie (XXX/USD)
This will provide short opportunities for major pairs with the DXY as the base pair ie. (USD/XXX)
This will also provide long opportunities for major pairs with the DXY as the quote pair ie (XXX/USD)
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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.