The potential to break out of the trend and continue to the 100 area is still there.
What initially seemed like a rejection from the trend (pls see our comment on previously posted analysis: tradingview.com/chart/DXY/ohxYCf1l-Dollar-Index-back-to-100/), turned out to be a bigger consolidation on the trend line instead.
Furthermore, the consolidation (abc structure) looks like already over or over very soon.
Keep an eye for buy setups - there is a lot of pips from where price is now to 100.
Stay tuned.
What initially seemed like a rejection from the trend (pls see our comment on previously posted analysis: tradingview.com/chart/DXY/ohxYCf1l-Dollar-Index-back-to-100/), turned out to be a bigger consolidation on the trend line instead.
Furthermore, the consolidation (abc structure) looks like already over or over very soon.
Keep an eye for buy setups - there is a lot of pips from where price is now to 100.
Stay tuned.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.