Along with EURUSD and USDCHF, DXY is at a stage where a big change in trend is forecasted as all 3
pairs correlate like twin pairs and move in sync.
EURUSD - Triangle (Terminal Move)
USDCHF - Ending Diagonal (Terminal Move)
and DXY - Ending Diagonal (Terminal Move)
Other factors to take in to consideration.
1. Divergency are showing on all 3 pairs in almost every timeframe.
2. Final wave 5 looks complete on all 3 pairs also
3. Forecast for USD with NFP this week looks negative for the dollar so this could help boost the trend change I have forecasted.
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Happy Trading
NOTE: Entry, SL and TP are not shown as I am not offering a signal service.
pairs correlate like twin pairs and move in sync.
EURUSD - Triangle (Terminal Move)
USDCHF - Ending Diagonal (Terminal Move)
and DXY - Ending Diagonal (Terminal Move)
Other factors to take in to consideration.
1. Divergency are showing on all 3 pairs in almost every timeframe.
2. Final wave 5 looks complete on all 3 pairs also
3. Forecast for USD with NFP this week looks negative for the dollar so this could help boost the trend change I have forecasted.
Share and comment
Happy Trading
NOTE: Entry, SL and TP are not shown as I am not offering a signal service.
