Robi_Nitu

DXY trend lines November 2022

TVC:DXY   U.S. Dollar Index
Hi guys,

I spotted some trend lines over the last 40 years on the DXY chart that "seem" to all be converging in the same spot. It would mean that we are going to see the biggest $ correction in our lifetime.

Risk on assets will have field day.

Both 14 RSI and stoch are overbought on the monthly. We have a 5 EW pattern completed. ABC correction must follow.

Happy hunting !

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