DXY Decision Time & Prediction of the markets
DXY is currently hit to weekly equilibrium.
I believe we are about to see little retracement upcoming days.
It would be good for stocks-risk assests.
We may see strong rejection and starts another bearish daily trend. (red scenario)
Or we may see contination of uptrend
(blue scenario).
This will be depend on mostly geopolitical risks
and US elections on november.
I am positioning myself for bearish DXY scenario.
I believe we are about to see little retracement upcoming days.
It would be good for stocks-risk assests.
We may see strong rejection and starts another bearish daily trend. (red scenario)
Or we may see contination of uptrend
(blue scenario).
This will be depend on mostly geopolitical risks
and US elections on november.
I am positioning myself for bearish DXY scenario.
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