DXY could be making H&S over 3-4 years time

28 พ.ค. 2018

Its important to watch out for currencies cycles, hence, DXY might be making H&S to correct against other currencies. Area to watch out is 96 level, where the shake outs could occur and major change in volatility in currencies occur.

31 พ.ค. 2018

บันทึก

This scenario is playing in a right direction. DXY rejected the resistance area, and H&S is confirmed over longer time period. Yesterday, on daily, in it made a huge bearish engulfing, and today there might a follow through. Expecting DXY to come down drastically.