DXY - 16Mar2022
On the H4, price is still consolidating for Wave 5-(IV)(C). With the FOMC announcement later tonight, it will be interesting to see how the price action plays out.
As long as price does not close back below 2nd Support at 97.78. We could expect DXY to push higher for Wave 5-(V) in the near term.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price is still consolidating for Wave 5-(IV)(C). With the FOMC announcement later tonight, it will be interesting to see how the price action plays out.
As long as price does not close back below 2nd Support at 97.78. We could expect DXY to push higher for Wave 5-(V) in the near term.
This is for personal record purposes only, not financial advise or solicitation of trade.