U.S. Dollar IndexShort
DXY IS EXPECTING ANOTHER MOVE TO THE SOUTH
DXY has validated a bearish breakout below the lower boundary of its ABC pattern, indicating a potential decline back towards the key level at the bottom. We anticipate a decrease of approximately -1.5% in the DXY index.
The confirmation of this breakout is crucial, as the entire projection hinges upon it. Such a move could prompt bullish momentum in the near future across major XXXUSD pairs.
The confirmation of this breakout is crucial, as the entire projection hinges upon it. Such a move could prompt bullish momentum in the near future across major XXXUSD pairs.
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