- I've noticed that the DXY has a monthly Bullish Divergence formed. The move looks coiled up and ready to happen. If it goes the opposite direction and dumps, it will be the first time in..., well I don't know how long but farther than 1986 anyway.
- I've noted some other past divergences so that you can see how they played out. They do tend to always follow pattern. Be on the lookout for possible DXY upswing.
- I extrapolated the bars pattern from the previous move to see where it could go.
- Remember this is a Monthly chart so it carries a lot of weight.
- I've noted some other past divergences so that you can see how they played out. They do tend to always follow pattern. Be on the lookout for possible DXY upswing.
- I extrapolated the bars pattern from the previous move to see where it could go.
- Remember this is a Monthly chart so it carries a lot of weight.