as expected, DXY crashes after reaching our red rejection zone completing our objective channel in purple. Three touches on both Trendlines.
Now a small correction is expected after reaching the low purple trendline before breaking it and get exposed to our blue long term trendline.
we are expecting a long downward move on dxy reaching our green zone after the break of the big trendline ( fib zone 61.8 and 78.6)
Now a small correction is expected after reaching the low purple trendline before breaking it and get exposed to our blue long term trendline.
we are expecting a long downward move on dxy reaching our green zone after the break of the big trendline ( fib zone 61.8 and 78.6)