DXY has made a double bottom inside the BB since the 31th Jan. And we expected only a retest of the bottom line of the blue box but DXY did not stop rising after reaching that line.
Seems like DXY is possible to retest the top line of the box (97.7 is the highest position recently)
The broken trendline is still valid .
So unless DXY make a new high above the blue box, we would not expect 98.7 or higher position for DXY.
LESS IS MORE!
Seems like DXY is possible to retest the top line of the box (97.7 is the highest position recently)
The broken trendline is still valid .
So unless DXY make a new high above the blue box, we would not expect 98.7 or higher position for DXY.
LESS IS MORE!