DXY Weekly and where next
As you can see, DXY PA was pulled down by the Blue Fib Circle, as it has been often before but we need to come back and look at DXY closely again now.
On Lower time frames, MACD is approaching over bought, as is the Stoch RSI but what we Really nee to pay attention to is the fact that the Weekly MACD is now turning Bullish and not only that, so is the Stoch RSI
Added tot hat is the simple fact that DXY has broken through the reistsance that pulled it down previously
It should be remembered that a weekly chart can take time to play out but that change has begun
For me, We may find DXY back towards 110 - 114 in time - March will be very important..
On Lower time frames, MACD is approaching over bought, as is the Stoch RSI but what we Really nee to pay attention to is the fact that the Weekly MACD is now turning Bullish and not only that, so is the Stoch RSI
Added tot hat is the simple fact that DXY has broken through the reistsance that pulled it down previously
It should be remembered that a weekly chart can take time to play out but that change has begun
For me, We may find DXY back towards 110 - 114 in time - March will be very important..
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