DXY correction has started

TVC:DXY   U.S. Dollar Index
  • DXY still pumping along with weakening momentum.
  • Is now breaking out diagonal support as a sign of correction.
  • We will see some short-term relief bounce on other asset, stock, crypto, gold IMO.
  • Take a closer look at 107.9 - 106 area, DXY could start pump again when touching this area.
  • Note : Fed % rate catalyst is still strong that could make this plan invalid.

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