DXY PA is approaching the upper trendline in its descending channel. Rejection here could lead to 100 to 98
Alternatively, we may see the FED on 1st Feb, provide support for the $ by raising interest rates above 50 points, possibly 75
It is all to play for
Hey tradomaniacs,
I currently don`t see any reason for the moves against us as DAX30 and SPX500 consolidate in a flag-pattern while Crude OIL is about to pump away the support-zone.
DXY (US-DOLLAR) has re-tested a strong resistance-zone... why we`ve seen the pump is another question (Manipulation, SL-Fishing)?
#PureCHoppyness
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