U.S. Dollar IndexShort
DXY ready for a down move
Greetings,
A look at the daily chart for DXY reveals an interesting scenario. Price seems to have completed the ABC correction it started early in the year. We have also purged liquidity above wave IV. Now will be looking to go long EURUSD based on this scenario.
A look at the daily chart for DXY reveals an interesting scenario. Price seems to have completed the ABC correction it started early in the year. We have also purged liquidity above wave IV. Now will be looking to go long EURUSD based on this scenario.
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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.