DXY has continued to rise in weekly uptrends. It is expected that the monthly correction process will be carried out where the weekly upward wave ends. However, there is a risk that the weekly uptrend does not end and continues to rebound in the weekly demand zone.
If the rebound fails in the weekly demand zone, the monthly correction will proceed as shown in the chart, coming down to the monthly demand zone. Even here, if the rebound is not big, a deep monthly correction will come out with a weekly downtrend. The signal that this monthly correction is ending will have to break the weekly downtrend first.
If the rebound fails in the weekly demand zone, the monthly correction will proceed as shown in the chart, coming down to the monthly demand zone. Even here, if the rebound is not big, a deep monthly correction will come out with a weekly downtrend. The signal that this monthly correction is ending will have to break the weekly downtrend first.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.