This is the mirror reflection of the DXY chart.
DMA50 and 200 in a clear downtrend, printing further bearish flags.
We are likely observing the wave 5 of (3). Still more downside.
After the wave (3) is completed, expect a larger corrective structure in the wave (4) before the final sell-off and the reversal
Trade safe
DMA50 and 200 in a clear downtrend, printing further bearish flags.
We are likely observing the wave 5 of (3). Still more downside.
After the wave (3) is completed, expect a larger corrective structure in the wave (4) before the final sell-off and the reversal
Trade safe
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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.
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.