The very precise measure Dollar Index shows that the terminal reverse point could reach the global trend line at 111.


1.
RSI signaling that reverse already started at a smaller time frame. The chart usually behaves in a very disciplined manner - immediately reversing upon reaching terminal values. But this year i have seen how the crypto acted against DXY.

2.
The Fib ratio and sub-waves structure at a minor degree hinting the 111 probability exists. The sub waves here are very compound and take time to develop, so my anticipation it will last whiting 2 months.


#EconomicAlert