• EUR/USD, GPBUSD, AUDUSD, NZD/USD are negatively correlated to DXY, which means that as DXY goes up(pumps), these pairs goes down (dumps)
• Pairs that have USD as their first currency like USDCHF, USDJPY, USDCAD are positively correlated to DXY. They move in the same direction as DXY.
• In most cases, when EUR/USD and GBP/USD dumps, USD/CHF and USD/JPY pumps.
Now, like and retweet to help enlighten other traders.
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• EUR/USD, GPBUSD, AUDUSD, NZD/USD are negatively correlated to DXY, which means that as DXY goes up(pumps), these pairs goes down (dumps)
• Pairs that have USD as their first currency like USDCHF, USDJPY, USDCAD are positively correlated to DXY. They move in the same direction as DXY.
• In most cases, when EUR/USD and GBP/USD dumps, USD/CHF and USD/JPY pumps.
Now, like and retweet to help enlighten other traders.