DXY - 29Nov2021
On the weekly, DXY faced bearish pressure pulling back from its Inv H&S target around 96.89 area and pull back to 1st Support at 95.84 to form a doji. We could expect it to retest this level this week.
On the H4 time frame, prices pulled back into ascending channel and support at 95.765. We could expect a short-term bounce to 1st Resistance at 96.345 and monitor price action again for further directional indications.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, DXY faced bearish pressure pulling back from its Inv H&S target around 96.89 area and pull back to 1st Support at 95.84 to form a doji. We could expect it to retest this level this week.
On the H4 time frame, prices pulled back into ascending channel and support at 95.765. We could expect a short-term bounce to 1st Resistance at 96.345 and monitor price action again for further directional indications.
This is for personal record purposes only, not financial advise or solicitation of trade.