As you know, USD has been super strong for quite a while now. Currently looks like it might be topping (at least temporarily). Break of this resistance could result in a violent thrust above.
DXY is heavily weighted towards the Euro, then Pound. Brexit will of course effect everything including this index. Trade Wars are another driving force (needless to say).
Many of the xxx/USD pairs look to be bottoming. I expect at least a "dead-cat" bounce in such pairs. If this is indeed the "top" for DXY, long the above.
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See some of my other Forex calls below. I also plot Crypto and some Stocks, check my Profile Page.
(recent perfect entries)
(recent perfect entries)
(the very tippy-top a year ago)
(almost at a long term target now)
Of course, I have had total FAILS on some plots also, not going to pretend. But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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now *that* , Ladies and Gentlemen, was an "Up Thrust" WOW.