Expecting DXY to rise causing other currencies to bleed. GBPUSD has already failed to create higher highs and instead is creating lower highs. This is my take on it... If you have any suggestions feel free to comment and like my post, I would greatly appreciate it!
Dxy could be setting up for a bullish run to clear out the imbalance created from the strong bearish market we have been under. With DXY rising, US30 will most likely be correcting as well, this is my take on it.
Dollar index is in a KEY level. Its been extremely bearish for some time now. Theres a high posibility it could reverse to balance out the market. This could make for some low risk high reward swing trade positions going long on USD pairs.