nagihatoum

DXY ABC Drop

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ICEUS:DXY   U.S. Dollar Currency Index
DXY is printing an ABC correction after getting rejected from the longterm channel's resistance.

DXY has printed the B leg after getting rejected by the 0.5 fib extension confluent with the 0.236 fib.

The measured move of the C leg is 108.

The CCI is in a downward trend.

BTC is correlating negatively with DXY and ABC correction will reach 21k on BTC. The same estimate as in my BTC idea below.

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