=> This chart is part 1 of a two part series we are running on DXY. Here we can see in the Longer term chart the idea behind the move we are tracking.... a deep pullback towards 94 before continuing the rally back towards 102.
=> As most of you know we have mentioned this move a few times in the telegram. The move from August into the year end was corrective and so far the 38.2% has held steel support.
=> It is a difficult move to chase from current levels and for these reasons we are waiting for a pullback towards the 94 range lows.
=> There are two ways to play this dish, either adding upside exposure on the pullback towards 94 or buying the break above 97.70
=> Whichever happens first, time to buckle up those seatbelts as we have some monstrous moves cooking in the FX board for 2019.
=> The monthly chart for DXY is coming next to our Tradingview theatres.
=> As most of you know we have mentioned this move a few times in the telegram. The move from August into the year end was corrective and so far the 38.2% has held steel support.
=> It is a difficult move to chase from current levels and for these reasons we are waiting for a pullback towards the 94 range lows.
=> There are two ways to play this dish, either adding upside exposure on the pullback towards 94 or buying the break above 97.70
=> Whichever happens first, time to buckle up those seatbelts as we have some monstrous moves cooking in the FX board for 2019.
=> The monthly chart for DXY is coming next to our Tradingview theatres.
