Hello Traders!
We see that the DXY keeps retesting the highest high within the last 20 day look back range we established.
Today we see price make a great move to the downside as we can see with the most current daily candle (Oct. 13th).
From here I would like to see the DXY show signs in price action that it will continue to fall lower into discounted prices.
Seasonally the Dollar is weak in October and stronger in November.
We can also see other pairs like XXX/USD trending bullish or breaking a significant low and moving higher.
We see that the DXY keeps retesting the highest high within the last 20 day look back range we established.
Today we see price make a great move to the downside as we can see with the most current daily candle (Oct. 13th).
From here I would like to see the DXY show signs in price action that it will continue to fall lower into discounted prices.
Seasonally the Dollar is weak in October and stronger in November.
We can also see other pairs like XXX/USD trending bullish or breaking a significant low and moving higher.
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