Hello traders, here is my view for DXY, check updates below for some other possibilities for next movement.
Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
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Scenario 1.1 DXY starts shoots up from current price levels
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Scenario 1.2 DXY will spike below last week's low to take out buyers before going higher, we need to wait for change in structure before going long in this case.
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Scenario 2 DXY moves below 103.40 to take out buyers before moving higher, will need to wait for change in structure before going long in this case.