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Thoughts on DXY
U.S. Dollar Index
Short
Thoughts on DXY
By Chucklh
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Dec 16, 2023
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Dec 16, 2023
It looks as though the DXY wants to drop down into the discount weekly FVG. The 4H is supporting this idea by holding price inside the -OB.
I'm expecting to see price trade down into the gap (by the end of the year) then rally up to the BSL @ 104.557.
At the same time, ES should be allowed to breach the monthly high and begin to drop.
Technical Indicators
Trend Analysis
Chucklh
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