DXY : Bullish on weekly structure.

Updated
Weekly structure suggest huge bullish Flag with ending corrective structure. it could be 3 or 5 waves.
Smart money over the globe is taking refuge in dollar and bonds which could inflate the dollar more and more.
So the fundamentals totally supports the technicals to dxy for breakout above 100.

Strength of DXY could be serious problems for other USD pairs.

ps. Arrows shown in the chart has no specific value, it just shows the direction of waves. Please calculate your own entry prices and strategy for the trade based on your a/c and risk management.
Note
Touched 100
Note
Broke Out: For more Upside look for flags
Note
Expecting Small Pullback on 4hr
snapshot
Note
Update on daily
snapshot
EURUSDGBPUSDUSDCADUSDJPY

Related publications

Disclaimer