Here is another index chart USD vs EUR and Chinese Yuan combined (two biggest trading partners of the USA) from which you can see massive bearish engulfing after price broke yearly floor.
Even more bearish breakout from consolidation is observed on USDEUR*USDYJPY chart.
You can not see this well if you look just at EURUSD or DXY (which does not even include Yuan) charts. EURUSD should hit 1.22 by the end of this month. This is what I was speaking in one of my posts a few days ago, a missing 3rd bullish Elliott wave in EURUSD daily. See (its "upside down" from the chart above - means bullish eurusd rallies through November) -
Even more bearish breakout from consolidation is observed on USDEUR*USDYJPY chart.
You can not see this well if you look just at EURUSD or DXY (which does not even include Yuan) charts. EURUSD should hit 1.22 by the end of this month. This is what I was speaking in one of my posts a few days ago, a missing 3rd bullish Elliott wave in EURUSD daily. See (its "upside down" from the chart above - means bullish eurusd rallies through November) -
