My previous predictions on DXY were very accurate so decided to publish another one - check my previous plots link are below.
In short term perspective DXY will move up, will touch EMA or maybe even exceed it for some time.
However, in long term I see DXY moving down.
In short term perspective DXY will move up, will touch EMA or maybe even exceed it for some time.
However, in long term I see DXY moving down.
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Note
DXY touched EMA as I was expecting. Since that point DXY is moving down.
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So far, plot seems to be very accurate.DXY moved up and exceeded EMA and described on 2nd of April - one week before price reached 0.786 fibo.
At the moment DXY is approaching 0.618 fibo and.
Please stay tuned!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.