All xxx/USD pairs are so close to set their long term top and we can clearly see, that DXY is finishing it´s slow channel move to the downside, we are close to some strong levels + we have nice bullish divergence on RSI. This move to the upside should be very impulse and very volatile, probably caused by some "unexpected" news.
Just reminder - if DXY goes up, then stocks goes down and also Japanase yen is usually stronger then other currencies, so pairs like AUD/JPY should also go down.
Just reminder - if DXY goes up, then stocks goes down and also Japanase yen is usually stronger then other currencies, so pairs like AUD/JPY should also go down.
Order cancelled:
This is reverted chart of EUR/USD - we just break super important level, that shouldn´t be broken and this level was/is key for my BEARISH BIAS on DXY - this level still hold on DXY, but I guess it´s just matter of time, before it´s broken, because EUR/USD is usually something like "frontrunner."
Also this divergence on DXY was wiped out.
This is reverted chart of EUR/USD - we just break super important level, that shouldn´t be broken and this level was/is key for my BEARISH BIAS on DXY - this level still hold on DXY, but I guess it´s just matter of time, before it´s broken, because EUR/USD is usually something like "frontrunner."
Also this divergence on DXY was wiped out.