Trade Alert
DXY ant the short-term upside support line are really working well together. But for how long? Well, the index manages to overcome the 96.90 barrier again, then we could expect a rise towards the next potential area of resistance at around 97.40.
Alternatively, a drop back down below the 96.75 zone may drag DXY back down towards the aforementioned short-term upside support line again.
Always have your SL in place.
DXY ant the short-term upside support line are really working well together. But for how long? Well, the index manages to overcome the 96.90 barrier again, then we could expect a rise towards the next potential area of resistance at around 97.40.
Alternatively, a drop back down below the 96.75 zone may drag DXY back down towards the aforementioned short-term upside support line again.
Always have your SL in place.