ForceFollower
Long

USD's Current State of Affairs

INDEX:DXY   U.S. Dollar Index
179 9 2
The US dollar             is still maintained by an up fork, so I expect it to strengthen, but I give it several routes... At least that's how I see it now.
butterliesel
3 years ago
do you think the usd has the potential now to go under 80 till the move up starts?
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ForceFollower butterliesel
3 years ago
No, I don't think so. I don't think it'll plunge below the median line. I find it slightly bullish, although it's not as clear as I would like it to be. Some forces are pulling it down, but the basic trend line gets hugged too tightly, which confirms my bullish bias. Any move up, altough short-lived, is strong, while the down moves are lazy and slow. If the low 80.38 holds, I expect a breakout to the up side.
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butterliesel ForceFollower
2 years ago
hello force, do you have any update to this scenario?
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ForceFollower butterliesel
2 years ago
I'm bullish US dollar. At least for the coming several hours.
snapshot
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butterliesel ForceFollower
2 years ago
thanks for your kind feedback, enjoy your day.
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