Hey there, Please first of all note that this analyse is my personal opinion and please do not open any position on that. Specifically we can see a Strong bearish divergence on Weekly timeframe on #dxy chart. Also we can find out that there is a possibility for XABCD pattern too. Watch for next moves on next weeks. Have a great weekend.
If this thing starts to go hyperbolic (i.e. going up 6-7 weeks in a row on big candles), that's probably the end of it.
sahandm99
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@Investor_NL, Yes, everything is possible. but, with these divergences I can't imagine that it can be go up for 6-7 weeks from today. Of course, we must note that these divergences can be completely failed.