I see alot of people saying "Yeh. DXY is going to fall".
So, I just want to show you what is really happening.
The chance is DXY is bullish to at least 95.2. After that, I am not too sure as it can either get rejected at that level or break that resistance and break new high.
However, the overall trend is still bullish before that level is hit. Any downwards movement before that level is just a minor pullback in my opinion.
So, I just want to show you what is really happening.
The chance is DXY is bullish to at least 95.2. After that, I am not too sure as it can either get rejected at that level or break that resistance and break new high.
However, the overall trend is still bullish before that level is hit. Any downwards movement before that level is just a minor pullback in my opinion.
Comment:
Correction. It is 95.6 not 95.2.