Olu

DXY: Could be heading lower

Olu 업데이트됨   
TVC:DXY   미국 달러 인덱스
The chart says it all. Tired upmove. Price forming an ending diagonal on the way up.
코멘트:
good fall today helping the idea. If everything closed near here we will have a solid and strong bearish candle which is also a breakout candle
코멘트:
price has done a breakdown and what I can call a retest of the breakdown. If this idea is to prove correct price must fall away from here impulsively. There is weakness today and the Fed is going to speak today. By the way Donald Trump wants an outright cut in rates and is threatening to demote the Fed chairman if he is not dovish
코멘트:
The fed chairman signalled that rate cuts are not out of the question. The $ weakens and stocks rally. By the way bonds rally too which is unusual. Idea is still in play.
코멘트:
the last 3 weekly candles can be described as a bearish candle, an inside candle and a bearish breakdown candle. So i am still bearish the $
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