Long-term speculation on U.S. Dollar index

18 Mei 2018

Based on past 1M regressional analysis (neutral RSI = 49.761, ADX = 32.900, CCI = -23.1942, Highs/Lows = 0.000), mirror patterns usually occur on DX over long periods of time. Same recurring patterns are expected on the 1D time-frame, which is now bullish (even overbought on RSI = 77.665) looking for its first Resistance since its uptrend started (since March 27) at 94.100. A Rectangle is expected afterwards before a pull back to 91.010 in mid August to form the basis for the next bullish cycle into December 2018.