According to my analysis and with major news events coming up, My opinion on DXY is looking bearish.
Why do I feel so? - Change of Structure in higher timeframe - We have been in a long upward cycle. CHoC may lead to short term correction - We have a demand zone in the bottom. we I expect the price to bounce off.
Again, these are my views for the week. Thank you.
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
ShirooFX6621
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@Bravetotrade, Hello,Thank you! Happy to be a part of the community!
ShirooFX6621
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BOS means break of structure. I meant CHoCh in the image above. Excuse the typo
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade