DXY Possible Structure
DXY looks to be making a corrective structure for one more leg up. The question is if the correction is over and we are going to breakout or we get one more leg down. The downside from here looks short term as we have demand and long term trend line at the 98 level. When this beaks up I expect this to be the last leg up in the 5th wave of a long term corrective up trend before we get long term downside.
Check out link for long term view monthly
Check out link for long term view monthly
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