Over the past few weeks I've been watching the behavior of the DXY, the daily timeframe is in a downward channel. Since July, price has buying from the bottom of that channel. Now that price has arrived at the top of the channel, I will be waiting for price to show clear signs of either reversal or continuation to break 104.000. What are your thoughts?
SB: I do not trade DXY but I do use it as a confluence to trade my main pair AUD/USD!
SB: I do not trade DXY but I do use it as a confluence to trade my main pair AUD/USD!