DXY, Harmonic pattern analysis Short

U.S. Dollar Currency IndexTVC

Description

⋅ Jul 5, 2022 9:55 PM

It seems that the dollar index is completing the bearish bat pattern.
Target seems a bit exaggerated but anything is possible.

Comments

crikz

⋅ Jul 6, 2022 4:03 PM

Good point, it is bearish right now with divergences present on this level. I'd expect 25% retracement minimum, but your 50% may as well be reached.