Usaelectioneffect
DXY - Dollar SellHi trades,
Watch your lower time frame for your sell setups. If the price will aggressively break to the upside this setup will become invalidated. So keep an eye on your lower time frame for sell setups. I do anticipate that the price will be keep falling until the 3rd of November - USA ELECTION. After the election we can anticipate a DXY Dollar index to rise.
DXY will bearish next week searching wave 4 secondaryMany people say if trump win, USD will bearish. but why USD keep strong bullish until now?
this is the answer! in technical, dollar index status in USA election is going to wave 3 secondary bullish. look at my chart. right at trump win, market suddenly going bearish, but its just to fullfill wave 4 minor. so dollar index status now will bearish going to wave 4 secondary. AO indicator said bearish too.
XXXUSD will bullish
USDXXX will bearish