DXY (choppy, but bearish bias)
DXY
Expecting a choppy range for the DXY between 105 - 108 until the FOMC meeting in December.
The descending channel gives us an illustration of where we can expect price to bounce around
potentially forming a penant which could break upwards out of channel or downwards based on monetary policy shifts.
Expecting a choppy range for the DXY between 105 - 108 until the FOMC meeting in December.
The descending channel gives us an illustration of where we can expect price to bounce around
potentially forming a penant which could break upwards out of channel or downwards based on monetary policy shifts.
History doesn’t repeat itself, but it does travel in cycles.
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