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Chris_90
Jul 25, 2021 12:37 PM

DXY - Down side incoming 

U.S. Dollar Currency IndexTVC

Description

DXY looking like its slowing down after the impulse move to the upside. Now forming a rising wedge and close to a AOI. Favouring downside for this but neutral at the moment waiting on clearer confirmation as to what the market will do to give us the highest probability trade.

Will update during the week.
Comments
ASFAND_GOLD
please check my analysis on dxy as well thankypu
Chris_90
@ASFAND_GOLD, Same idea, we could see it continue higher first but lets see what happens then react :)
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