DXY has broken the important descending trandline last week,and now it will face stong support zone which is 1.414-1.618 Fibo extension,and also it is the previous second lowest and the lowest points.
A bullish butterfly or deep crab maybe form in this zone
I wil open long position in this zone when prices stabilize.
SL:below the zone
TP:the broken trendline
A bullish butterfly or deep crab maybe form in this zone
I wil open long position in this zone when prices stabilize.
SL:below the zone
TP:the broken trendline
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