DXY
breakout would have a devastating effect for EURUSD and AUDUSD, while simultaneously it would launch USDJPY and USDCHF to new highs. Maybe on the longer term, Dolar will gain more strength, but for now, it seems that the momentum is weakening. I guess we shall see one more pullback before Dollar makes an attempt for a new high.
DXY
breakout would have a devastating effect for EURUSD and AUDUSD, while simultaneously it would launch USDJPY and USDCHF to new highs. Maybe on the longer term, Dolar will gain more strength, but for now, it seems that the momentum is weakening. I guess we shall see one more pullback before Dollar makes an attempt for a new high.