YProsper

DXY Bearish Idea...

INDEX:DXY   U.S. Dollar Index
88 0 3
After the clean break of the TL
-we could see a retest before continuing lower to put in a LL at the bottom of the channel
-currently we can see 2 AB=CD patterns
-We may move down on the level we're at now as we're at a key monthly level and .618 of smaller AB=CD .
-but i think we are going to see a retest of the TL which is in confluence with the larger AB=CD pattern
-The red zone invalidates my idea

-Downside target 90.5
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