The dxy has traded up 7 days in a row, the first time since October 2018. On the chart I've noted the other previous occasions this has taken place. I notice on the occasions where the rally kept going strong (Jan 2015, November 2016) RSI was firmly in >70 territory. Having ended last week at 60 (a resistance level if the break of consolidation pattern holds) will we see the 61.8% retrace level hold (also support of consolidation zone)?
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Komen:
Current 30 min pitchfork