U.S. Dollar IndexShort
DXY - Setting up to ease off
Updated
The DXY completed a bearish 886 gartley and broke down out of its rising broadening wedge, after this it broke back below a key level of significance before confirming it as resistance this past week.
As long as we stay below 105.3 the DXY is en route to lower prices, which in turn is bullish for the market.
As long as we stay below 105.3 the DXY is en route to lower prices, which in turn is bullish for the market.
Note
106.5 Next key target, you do not want to be seeing the dxy breaking above thatNote
Looks good for now, follow through next week is absolutely vitalNote
We are indeed following through. Long on the EUR and GBP since Monday, amazing returns so far and looking for more going into next week.
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