DXY starting to DROP??!! IS THIS THE END OF BULL RUN FOR DXY?
Hi guys lets look at our chart DXY right over here. Dxy had a sign of pulling back downwards to the downside but we cant expect that DXY to drop back to 94.515 that was our previous resistance hence I am expecting DXY to be
1) Pullback to our fibo level of 61.8% which was a demand area that cause DXY to sky rocket
2) Usd pairing are now weakening and trying to have significant pullback to the downside.
3) RSI currently at a oversold area and at 30minutes time frame we had a bearish divergence form.
Comment down below on how is my analysis and please like and comment as a support . Happy trading days trader. CHEERS!!
1) Pullback to our fibo level of 61.8% which was a demand area that cause DXY to sky rocket
2) Usd pairing are now weakening and trying to have significant pullback to the downside.
3) RSI currently at a oversold area and at 30minutes time frame we had a bearish divergence form.
Comment down below on how is my analysis and please like and comment as a support . Happy trading days trader. CHEERS!!
Trade active:
As we can see that DXY touched our demand area and hence it had a very strong pushed to the upside . Congrats for those who had followed. CHEERS!!