Humpty dumpty DXY falls off the wall. All the kings horses and a
ll the king's men. DXY has failed to hold this the top of the channel for more upside. We should see more downside in the upcoming week after a short-term relief rally at the start of the week.
BEAR CASE
We are targeting 92.2 as the exit and enter when the RSI hits overbought region on the hourly chart
BULL CASE
If our preferred scenario does not hold up, we should see some kind of resistance near the 94 level.
BEAR CASE
We are targeting 92.2 as the exit and enter when the RSI hits overbought region on the hourly chart
BULL CASE
If our preferred scenario does not hold up, we should see some kind of resistance near the 94 level.