I think DXY could go on to make new highs. I think we are in wave 4, we could see the last low taken out then on to make new highs, or we could see the $ gain strength From here.
I was looking a this pair last week thinking we found a bottom and was waiting long conformation. Then we had the gaps over the weekend, that really got things going. Price action this week has showed us that the bulls want to take over and we have found a bottom. We should see a 3 wave correction down to the 61.8 fib level, where price will fail, this will be a...