DXY Double Top

INDEX:DXY   U.S. Dollar Index
Dollar looking weak, Russian dumping dollars?

Related Ideas

If you look at the hourly chart. You can see the expanding flat elliott wave to downward.
Or, it could also be viewed as consolidation above 92.47 before making another move higher. Market is still above the Jan 22 candle low.
Vince Crinklebine
Yes could be but MACD shows more weakness on 2nd hump, however technical guess from this will see how it plays out
Yes, the MACD does show technical weakness so you could be right. I think the daily close level of 92.47 might be better than the neckline in this case. It's just hard for me to trade against the Jan 22 wide body candle. Best trading.
Vince Crinklebine
To be quite honest the entire game is so rigged it is hard to say. But lets watch it and see what it reveals.
And EURUSD seems to be turning as well, with EURO possible up on greek news. agree with your view
Well it is a educated guess but only on technicals...will see what happens
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