Market Crash - Greenback Breakout
DXY has been consolidating in a fairly tight range since falling from the top in 2022. DXY has been strong lately and is up near the top end of the range. We also have a descending trendline it has broken above and sustained above for now. Once the 100-105 range breaks, it should lead to a large move and if it's up, we also have the trendline breakout for more confirmation.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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