DXY UPDATE
USD since breaking above multi year highs price has start to consolidate in this channel - to me this looks like a potential distribution phase happening which could lead to a small corrective move on the dollarto retest the previous significant level of resistance now turned support before we see more bullish momentum- be cautious of this if you have open positions, you should all know by now how the USD effects all markets
USD since breaking above multi year highs price has start to consolidate in this channel - to me this looks like a potential distribution phase happening which could lead to a small corrective move on the dollarto retest the previous significant level of resistance now turned support before we see more bullish momentum- be cautious of this if you have open positions, you should all know by now how the USD effects all markets