Bull Long View of USD INDEX.

20 giu 2022

Here's a long view of the USDX using Measured Moves, FIB Retracement and Trend Channels to plot the developing Bull Trend. Both of the last two Bull Trends in USD progressed in a similar fashion despite differences in underlying conditions. Note the similarities in wave structures, trend slopes and the time for each feature to mature. If indeed 'we are here' then this USD trend is just getting going.