The 0.382 callback position is expected to stop the decline and rebound to 0.618 of the decline before falling to 0.5 or 0.618. It is oversold, and many related varieties deviate. DXY although it does not, it will rebound.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
