DXY: breakout, go Long.
Following my analysis last weeks, US Dollars decided to breakout upwards. This suggests that dollar has chosen a direction and it is expecting further appreciation in the future. Be prepared for a drop in gold price and other commodity.
For those you miss the trend but want to get onto the train. Do not worry. Wait for a retract back to the support line. Once the price bounces the support line, the upward trend should be expected.
For those you miss the trend but want to get onto the train. Do not worry. Wait for a retract back to the support line. Once the price bounces the support line, the upward trend should be expected.
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