This pair went bearish in the code's fore and background signal since last month. Currently, it is close to the lower end of the range. I closed some of my sell position here. And the upper range just spiked this week, usually suggesting volatility. I have no idea what ECB has planned, but The code says DXY is bullish today.
Let's see how this plays out, I will wait for few more days for a better signal in this pair to probably short again (or long) based on the signal.
PS. Each box spans a day, and the signal range is calculated on a daily basis, the short term and long term signals are shown in the different sized boxes with the color indicating the trend. Feel free to contact me, if you need similar ranges on you tickers ( for free of course) check my profile for more info
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