CobraVanguard

Which direction DXY is gonna take?

TVC:DXY   U.S. Dollar Index
Hi every one
U.S. DOLLAR CURRENCY INDEX

DXY is in a symmetrical triangle which means it is expected to price move as equal as the measured price movement downward or upward but the breaking of this pattern is the important factor to determine that it will fall or rise. When ever direction it get it will be as big as the measured price movement. Note that this analysis is in weekly time frame so it takes time to understand the expected movement.

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