Lots of high volatility chop here back and forth through resistance.
Its been a big run for DXY and it may go higher but if the chop continues through resistance then this is probably a top.
And to be clear that can become a retracement for another wave higher potentially.
If it does rock back it should get back to the log 0.382 @ $99.
But it could also go much lower depending on whether DXY is hitting a major top or not.
If it does fall likely there will be a stock and crypto rally.
Not advice.
Its been a big run for DXY and it may go higher but if the chop continues through resistance then this is probably a top.
And to be clear that can become a retracement for another wave higher potentially.
If it does rock back it should get back to the log 0.382 @ $99.
But it could also go much lower depending on whether DXY is hitting a major top or not.
If it does fall likely there will be a stock and crypto rally.
Not advice.
Telegram Trading Group 🧐
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
Get the "heads up" at critical moments - don't lose your shirt.
$50 per month 👍🏻.
Contact: t.me/dRends35
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
Get the "heads up" at critical moments - don't lose your shirt.
$50 per month 👍🏻.
Contact: t.me/dRends35
