DXY keeps consolidating around the local top area, forming an ascending triangle - the breakout will be crutial therefore this remains to be monitored. Either breakout will lead us to the according major trendline. Considerating SPX being oversold and VIX consolidating - it is likely for the Dollar to take a pause and go for that correction much needed soon.
Stay tuned for the upcoming NFP. I remaing Short until I see the correction.
Stay tuned for the upcoming NFP. I remaing Short until I see the correction.
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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.