Could DXY have formed an inverse Head and shoulder pattern.
This would push the DXY up for a potential wave 5, then decline after.
Note that the move down found support at the 78.6% levels.
This would push the DXY up for a potential wave 5, then decline after.
Note that the move down found support at the 78.6% levels.
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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.