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thehunchos2003

Short into the NEW YEAR - US DXY

Short
Indice devise Dollar U.S. (TVC:DXY)  
thehunchos2003  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Technical Indicators Chart Patterns USD aud Cryptocurrency dollar index inflation shortsetup
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trendanalysis indicator chartpattern usd aud cryptocurrency dollar index inflation shortsetup
As you can see we are trading in a large fractal pattern, with the STOCH RSI heavily overbought.

The USD is showing short term strength, but it is trading in a firm fractal.

I believe we will see the USD Index fall into the new year, retesting the bottom trendline of the fractal.

Furthermore, we may see the price completely fall out of the fractal. Inflation is on the rise in the USA.

This is highly positive for crypto and other currencies such as the AUD.

Thanks for reading.

Idées en relation

BloomFX_SIGNALS
DXY
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