Based on my analysis, DXY broke out of its previous descending bearish channel last week, and I'm currently anticipating a sustained bullish trend in the coming days or weeks. I have identified specific price levels as potential targets, which are shown on the chart.
However, if the market retraces back into the bearish channel, this could potentially invalidate my bullish outlook, and I would need to reassess the market's direction.
What's your oipinion on this? like and comment below