DXY:-DOWNTREND STRUCTURE SPOTTED IN 4H CHART.
A Lower Low has been spotted in DXY 4H time frame chart, which indicates a downtrend in a market.
Bearish engulfing of this structure breakout shows high intensity of sellers in the market.
Market is expected to remain bearish for upcoming sessions.
In upcoming trading sessions market may test the levels of 102.800.
Key resistance will remain active at the level of 104.700.
A Lower Low has been spotted in DXY 4H time frame chart, which indicates a downtrend in a market.
Bearish engulfing of this structure breakout shows high intensity of sellers in the market.
Market is expected to remain bearish for upcoming sessions.
In upcoming trading sessions market may test the levels of 102.800.
Key resistance will remain active at the level of 104.700.
Trade closed: target reached