BIG CAUTION!!!
Do not buy USD pairs for some days.
As you can see, the chart describes itself:
5 moves in triangle is completed at near 0.618 level (97.60)
Daily candle is so strong bears taking control
Till new year it is expected to fall to at least 95.00, more likey drops to 94.00 or lower
50MA is crossed
Watch for important pullbacks to short DXY
Do not buy USD pairs for some days.
As you can see, the chart describes itself:
5 moves in triangle is completed at near 0.618 level (97.60)
Daily candle is so strong bears taking control
Till new year it is expected to fall to at least 95.00, more likey drops to 94.00 or lower
50MA is crossed
Watch for important pullbacks to short DXY
Commentaire:
Untill DXY will not close below trendline, it means it is still bullish side