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DOLLAR TO MAKE THE UNEXPECTED MOVE
U.S. Dollar Index
Long
DOLLAR TO MAKE THE UNEXPECTED MOVE
By Elbruks
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Sep 4, 2023
2
Sep 4, 2023
The US Dollar has been dismissed for some time after the last 9 months of drop. Yet in the background something else is forming up.
The CoT data (you can add CoT data on the chart) shows USD is sold against GBP and EUR aggressively and hit extremes.
This gives us some ideas, such as reversal is in the cards.
Expect the DXY to make the unexpected moves but don't be surprised if you see.
-Signalwyse Team
Chart Patterns
dollar
dollarindex
DXY
dxylong
EURUSD
GBPUSD
Trend Analysis
Elbruks
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