The potential to break out of the trend and continue to the 100 area is still there.
What initially seemed like a rejection from the trend (pls see our comment on previously posted analysis: tradingview.com/chart/DXY/ohxYCf1l-Dollar-Index-back-to-100/), turned out to be a bigger consolidation on the trend line instead.
Furthermore, the consolidation (abc structure) looks like already over or over very soon.
Keep an eye for buy setups - there is a lot of pips from where price is now to 100.
Stay tuned.
What initially seemed like a rejection from the trend (pls see our comment on previously posted analysis: tradingview.com/chart/DXY/ohxYCf1l-Dollar-Index-back-to-100/), turned out to be a bigger consolidation on the trend line instead.
Furthermore, the consolidation (abc structure) looks like already over or over very soon.
Keep an eye for buy setups - there is a lot of pips from where price is now to 100.
Stay tuned.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.