DXY: Dollar Index: Next USD downwave just beginning
DXY: Dollar Index The next stage of dollar weakness has begun, marked by heavy selling today and break of the week-long uptrend. This marks the beginning of the next down-wave. Look to sell USD EUR rallies using DXY as confirmation of likely counter rally points as per comment. The trend has swung back against USD for now. So we look to sell rallies from here until downside targets are achieved