DXY IS EXPECTING ANOTHER MOVE TO THE SOUTH

DXY has validated a bearish breakout below the lower boundary of its ABC pattern, indicating a potential decline back towards the key level at the bottom. We anticipate a decrease of approximately -1.5% in the DXY index.

The confirmation of this breakout is crucial, as the entire projection hinges upon it. Such a move could prompt bullish momentum in the near future across major XXXUSD pairs.
Chart PatternsdollarindexDXYForexforexsignalstraderchampTrend AnalysisusdxWave Analysis

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