Measured Retreat Squeeze Breakout

28 בינו׳ 2017

Since beginning 2017 DXY has been in a measured cooldown period where the range was tightening. We have recently had a breakout to the upside of this measured retreat funnel. Contrary to many calling a top in the dollar, i believe it still has a bit to go. The movement may be choppy but target of 106 is very likely on the balance of probabilities.