DXY - 09Feb2022
On the H4, price bounced to 20EMA yesterday. Ideally, we could hope for DXY to bounce back to this neckline before continuing its further downside with the target to around 94.44. Stochastic has bounced off its support, awaiting to see whether price can bounce further up to neckline.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price bounced to 20EMA yesterday. Ideally, we could hope for DXY to bounce back to this neckline before continuing its further downside with the target to around 94.44. Stochastic has bounced off its support, awaiting to see whether price can bounce further up to neckline.
This is for personal record purposes only, not financial advise or solicitation of trade.