Great idea on DXY. In our case, a break through channel support on a weekly basis would see us adopt a natural view. Price has confirmed a bullish uptrend with continued higher highs and higher lows. However, the trend seems to be coming to an end, where there is a confirmed weekly close through the September uptrend. We also are watching for a weekly close through the 11 September low at 95.60, especially with a cross in momentum oscillators.
Please check out our idea and let us know what you think of it.
Please check out our idea and let us know what you think of it.