On the Weekly chart of the USDOLLAR index, I have plotted the components of a Wyckoff Distribution pattern.
IF the analysis is correct, then the US Dollar is about to enter a mark-down phase that should last many months and pull it down to at least the 72.00 level (1.618 Fib extension).
IF the analysis is correct, then the US Dollar is about to enter a mark-down phase that should last many months and pull it down to at least the 72.00 level (1.618 Fib extension).
Trade closed manually