Potential Downfall of the American Dollar

If DXY breaks below 95.00 in the coming weeks, look to short the dollar against EUR, CHF, CAD, XAU.

İşlem aktif:

As we can see, 97.00 was tested again and rejected. The rejection down completed a head and shoulders and pushed the value of the DXY down below to the 0.382 fib. DXY should have a consistent downwards move in the coming days and weeks. Now we should look for the move to the next target at the 0.618 fib level.