Khiwe

DXY Bearish Forecast : Potential Reversal Ahead

Short
TVC:DXY   U.S. Dollar Index
The DXY is bullish but we are not interested in this strange bullish pulse.

Our target is 90.604, but if price decides to go above 91.670 then the forecast is invalid, -and we'll check it next time.


According to the RSI, to buy now would be to buy at the swing highs, -so nah we don't like that idea.

Bearish interests for DXY and the bias is 89.500

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Khiwe

At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
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