Previous price action show dxy potential inverted head and shoulder pattern bouncing off 95.00 level for upside and it play out as we forecast.
Current price action show dxy rejecting the top, forming a double top and possibly coming back down to test 95.00 level again.
Scenario 1: Dxy will come down to 95.00 reject and go up to complete inverted head and shoulder pattern.
Scenario 2: Dxy will come down to 95.00 breakthrough and come down forming a expanding channel.
Current price action show dxy rejecting the top, forming a double top and possibly coming back down to test 95.00 level again.
Scenario 1: Dxy will come down to 95.00 reject and go up to complete inverted head and shoulder pattern.
Scenario 2: Dxy will come down to 95.00 breakthrough and come down forming a expanding channel.