On the DXY....
Looking at the 
INDEX we can see it has reached on both the long term and short term RSI settings overstreched levels. On previous occassions this has resulted in a turnaround on the dollar. So, what does this mean: the probabilities of the dollar going higher are more likely, than it continue to drop.
Can it go lower? Ofcourse, it can drop like a brick. But I would deem it more likely we see a bounce in the next days/weeks. Markets move in waves.
INDEX we can see it has reached on both the long term and short term RSI settings overstreched levels. On previous occassions this has resulted in a turnaround on the dollar. So, what does this mean: the probabilities of the dollar going higher are more likely, than it continue to drop. Can it go lower? Ofcourse, it can drop like a brick. But I would deem it more likely we see a bounce in the next days/weeks. Markets move in waves.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.