WHAT DXY HAS TO SAY? IS THE DOLLAR GOING TO GET STONGER?
Hello guys,
if you take a look at the dollar index, you will find that it nicely broke the trendline and made its initial move up.. now its time for corrective move or a continuation pattern; price is likely to make a corrective move to the downside. if that happens it is highly likely that it gonna have confirmation of head and shoulder pattern as well; so we will get in the trades after that. price may also go up without making a down move but its less likely.
GOOD LUCK
if you take a look at the dollar index, you will find that it nicely broke the trendline and made its initial move up.. now its time for corrective move or a continuation pattern; price is likely to make a corrective move to the downside. if that happens it is highly likely that it gonna have confirmation of head and shoulder pattern as well; so we will get in the trades after that. price may also go up without making a down move but its less likely.
GOOD LUCK
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