DXY
I have several options for the dollar index.
Option one is a small correction
Option two is the correction will be deep.
There is also an alternative option with an increase - the price can form a bullish wedge, which is possible for the price to decline further, forming a wedge, after which it will go into a deep correction.
One of the arguments that the price will rise is a false breakout on the daily chart and a candlestick pattern on the weekly chart.
I have several options for the dollar index.
Option one is a small correction
Option two is the correction will be deep.
There is also an alternative option with an increase - the price can form a bullish wedge, which is possible for the price to decline further, forming a wedge, after which it will go into a deep correction.
One of the arguments that the price will rise is a false breakout on the daily chart and a candlestick pattern on the weekly chart.
