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U.S. Dollar Index
Long
May 11, 2023
DXY may Turn up & Crush everything else. Negation point 100.6
6
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Grab this chart
Solid Base formation between 101 and 102, also where support is.
W structure in formation most likely
Trendline has come down to this consolidation range at 102.
Some unknown event will trigger it and Thus sending it past 102.3 then 104 then 106 adn 113.
Trigger point is 102.3, above which its desirable to go long.
Weak CPI print is also not helping its case suggesting a major problem in EU, GU et al.
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