Greenback is back, guys
If the candles pattern play out as it should, then the next candle in DXY should be a nice green candle and XAUUSD would be a red bearish candle.
Cross reference that with EURUSD and see if it falls nicely as USDCHF pair begins to climb up. This may take a week or so. Get ready for the greenback's roar!
Cross reference that with EURUSD and see if it falls nicely as USDCHF pair begins to climb up. This may take a week or so. Get ready for the greenback's roar!
Note
what a disappointment!!! It went down further to 89 price zone. no buying for now, watching closelyNote
The last 2 candles on the DXY chart is interesting. It is a long legged do ji pattern followed by a partial hammer pattern which is bullish. Let's hope this is a sign of reversal coming. If the next green candle close above 89.4, there would be a good sign to start buying.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.