On this chart, DXY has two channel that are waiting for confirmation.
According to RR and the small blue channel, 93.5 is possible to be test this week.
In the big blue channel, it can tell you that DXY is on its corrective wave.
So assuming 93.5 would be a good start for wave 3 up. 93.5 also is FIBO 382 of the first main big wave.
Once 93.5 is confirmed, easy for other currency to confirm their future swing.
This idea is marked as SHORT becoz it still on its corrective wave down.
Less is more!
According to RR and the small blue channel, 93.5 is possible to be test this week.
In the big blue channel, it can tell you that DXY is on its corrective wave.
So assuming 93.5 would be a good start for wave 3 up. 93.5 also is FIBO 382 of the first main big wave.
Once 93.5 is confirmed, easy for other currency to confirm their future swing.
This idea is marked as SHORT becoz it still on its corrective wave down.
Less is more!
Kommentera:
Kommentera:
FOMC , as expected, rise rate again.
At least that could help DXY to confirm a support zone.
At least that could help DXY to confirm a support zone.
