DOLLAR TO MAKE THE UNEXPECTED MOVE

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