The DXY arrived at a crucial level (90) where if it breaks it, the daily head and shoulder formation is formed and the dollar will tank.
If this support level holds, then the DXY can breathe and go up for the following 1-2 weeks before we can see what happens next.
-As of now, I am bearish but I'll keep checking whether the support is holding or if we break it during the New York Session today
If this support level holds, then the DXY can breathe and go up for the following 1-2 weeks before we can see what happens next.
-As of now, I am bearish but I'll keep checking whether the support is holding or if we break it during the New York Session today