Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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All eyes on DXY, what's next!
As we clearly see price is still overall bearish trading inside this channel In addition, price is still struggling around our resistance zone where we are speculating new bearish movement
However, and for now for the bears to kick in again with a new bearish movement we need a break belwo the marked major swing low Then a further movement lower would be expected at least till the lower demand zone marked in the picture
Unless price managed to trade higher and make a new higher high above the marked swing high then a movement higher would be expected till the upper major swing high Which would be breaking above our resistance zone.
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and as usual follow your trading plan and manage your risk.