I think DXY is building a bearish butterfly form. Although it is not perfect, the number is close to the harmonious number, 0.786, 0.886, 2.0, 1.5. So it is possible to get out of this expectation. At present, there may be about 44% room for the first wave of price rise. Reaching the falling 0.618 may reverse after suffering strong resistance. At present, DXY seems to have been adjusted in a small cycle. But it should not rise wildly, at least not in October.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.