DXY

Hope all of you survived March 2020...
So we have a quite interesting scenarios with DXY which is showing us several possible down movements.
What is important to know, we are about to enter "the post-virus economy" which already started with huge stimulus from FED and other CBs worldwide. BUT why don't we get a USD falling into hyperinflation after the enlarged QE and agreed to add up to 2 trl? The answer is in money multipliers but anyway we will see some effect.

Let's back to TA, so we have 3 base scenarios:
1. Yellow: we wait for the continuation of down movement after the recent correction;
2. Green: similar to the Yellow but more extended in time;
3. Purple: in this case, we wait for much deeper down movement;

P.S. First of all I'm looking at the shape of the movement, not at the price, please don't consider levels and line as a target or as a signal.

Pesanan dibatalkan:

still on the yellow setup but it looks like we can have an enlargement, will post updated idea later.