Description
⋅ It is very clear on the 4H time frame that the US dollar index is facing bearish pressure and has started a downtrend.
We can see that the bearish candles are very strong and powerful.
Price is in the correction phase right now and is retracing the previous bearish move with weak bullish candles.
I expect a downside move and drop on DXY to the support level at 103.3 and maybe even more to 103.027
What do you think? Please share!