DariusFxTrading

DXY short - 5 Confirmation why it will continue to drop down

Short
TVC:DXY   U.S. Dollar Index
Hello Traders!

Confirmation:
#1 Drop from monthly Resistance/monthly Supply Zone
#2 Impulsive/Corrective Pattern on the weekly, daily and h4 chart
#3 Trend Line
#4 weekly Resistance and daily Supply Zone
#5 fundamentals on the DXY are still very bad

Explanation:
This moves to the upside was simply a correctional move to the upside. Right now I do expect the continuation of the down trend.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

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