DXY long from current levels
Major lines of support holding USD Index from going down. I think the price starts to reverse to the upside. If you look on the left you can see the same pattern formed before price went up. Decision is based on the analysis the currency pairs included in the DXY (euro, aud, nzd, gbp) which appear to turn in the direction of the stronger dollar.
Expecting to reach at least 101.00 and then breakout to the upside from the higher degree structure.
Expecting to reach at least 101.00 and then breakout to the upside from the higher degree structure.
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