DXY index. Are we waiting for the breakout of the zone 94.28-95?
Why is this zone important? In 2018, after breaking through this zone, a crisis began in the financial markets. SNP500 went into 20% correction within 3 months. Will history repeat itself this week? No, it took 18 weeks for the DXY index to break through this zone and gain a foothold above it in 2018. It turns out there is a possibility of getting a correction at the beginning of next 2021.
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