Following up on the previously posted “FED Rate – DXY Technicals – Ready for a Bullish Corrective” video, DXY indeed went towards lower levels, however it did not properly commence the expected Bearish Swing, showing overlaps in its sequence, which could be a sign that the Bullish Corrective is possibly starting this week.
DXY is showing a possible Bullish Divergence, which is present at key Fibonacci Levels, showing a good probability of a Bullish Impulse, caused by a Bullish Divergence and/or the visible Bull Flag.
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