just gonna post this quick take here...
DXY paused at major resistance 103.593, little retrace, formed a descending scallop and continued falling...
although the resistance gets thicker down towards 100, I don't see any good reason why to stop now.
dxy continues down until around 97 over the coming weeks.. until march when fed projects the next years interest rates, then we can reasses
DXY paused at major resistance 103.593, little retrace, formed a descending scallop and continued falling...
although the resistance gets thicker down towards 100, I don't see any good reason why to stop now.
dxy continues down until around 97 over the coming weeks.. until march when fed projects the next years interest rates, then we can reasses