Mr_J__fx

$DXY -Bearish D*Candlesticks Printing

Short
Mr_J__fx Updated   
TVC:DXY   U.S. Dollar Index
*SHORT call on short-term
Daily Indecisive candlesticks currently printing on The Dollar Index $DXY .
Are we about to see a trend change to the downside, for at least a correction to supports as in the last idea released for $DXY ?
As stated on the previous idea, the next uptrend potential targets to be reached by DXY are (107.3) 1.618 & 2.168 (111.1) in case HH and LL uptrend continues, especially doing trouble times for FEDS and on Macro as well, while Economy is dragged slowing down since Covid-19 2020, and now on Geo Politics as well with Russia-Ukraine war still going on while in the other hand, the second super power CCP threatening US for them not to step on their invasion of Taiwan, which has still to claim independence from China.
Will $DXY continue it's really still, despite corrections that comes after it raging High ?


Comment:

$DXY approaching 20EMA on the Daily;
Will 20EMA hold as support to push $DXY even further to the upside or will it fail ?

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