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ForensicForex
Mar 23, 2023 6:22 PM

DXY Yearly View 

U.S. Dollar Currency IndexTVC

Description

Hello Traders!

We can all agree that is a bearish order block.

Price gave a strong reaction away from it.

Is the dollar going downhill for the next couple of years?

Or will the FEDs find a way to strength the currency?
Comments
OrcChieftain
Or it can as well go up and create a breaker. I am not sure if it is worth to watch 12m charts
ForensicForex
@OrcChieftain, I believe it has to be worth it. There are many examples of HTF PD arrays showing respect and price following suit. If everything is fractal that shouldn't exclude the max chart. The higher the time frame the closer to the trend you are.
OrcChieftain
@ForensicForex, I guess we will see in 6-12 years how your analysis has worked out, right?
ForensicForex
@OrcChieftain, Pretty much. Just an idea. I could have charted this a different way and argue for higher prices.
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