DXY - The Future of The Dollar

There seems to be a common bias among traders that the dollar is going to strength long term, I disagree.

I think we will potentially see short term strength but overall the DXY has lots more downside to cover.

This sell off was simply a lure to introduce some sellers and wipe out existing buyers.

I would like to see a reversal from the box marked to the upside as illustrated.

Chart Patternsdollardollar_indexdollarindexDXYdxyindexdxylongdxyshortTechnical IndicatorsTrend Analysis

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