DXY markup for week of 2/10/19
I am expecting DXY to continue to rise at the start of this week. I think it will push through the nearest level of resistance stopping out everyone on the way and will continue its hunt up to the next level of stops before reversing. If this plays out, I think we should be in this area between tuesday evening (2/12) and thursday morning (2/14). This theory is supported by the markets reversing in the middle of the week. The weekly and the monthly candles closed out very bullish supporting the idea that the market will open bullishly before reversing.
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