DXY ... time to rest
Updated
DXY Finished a 5 wave pattern. Time to "rest". A retracement/correction would indicate a recovery of 1.2% - 2.8%.
Will the DXY retrace and then resume its current trend? Or will we see an inversion here?
A solid EUR would indicate further depreciation of the USD.
For now: USD up, seems the way to go!
Will the DXY retrace and then resume its current trend? Or will we see an inversion here?
A solid EUR would indicate further depreciation of the USD.
For now: USD up, seems the way to go!
Note
Still bullish on the dollar as it closes in on a seasonality drawup
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