USOIL is inversely correlated to DXY.
It means: in long-term prices of commodities such as XAUUSD, XAGUSD and USOIL (RED ARROW) will go up as DXY will continue going south.
DXY - Elliott waves
It means: in long-term prices of commodities such as XAUUSD, XAGUSD and USOIL (RED ARROW) will go up as DXY will continue going south.
DXY - Elliott waves