Moving average crossing has in the last 40 years always been indicator of trend change in DXY. Moves were also indicated by Stochastic and BBW.
Now we're bottoming on BBW (haven't reached this narrow width of Bolinger bands since 1980), made two bottoms on Stochastic in the recent past and Moving Average is very close to crossover.
I think we could shoot up to the 150 range by year 2018.
Now we're bottoming on BBW (haven't reached this narrow width of Bolinger bands since 1980), made two bottoms on Stochastic in the recent past and Moving Average is very close to crossover.
I think we could shoot up to the 150 range by year 2018.