DXY - 22Apr2022
On the daily, price bounced near the 20EMA support but RSI is still at resistance.
On the H4, DXY had a nice rebound yesterday. Price actions is mixed. If price dropped back and closed below the ascending trendline, it will trigger a h&s for lower downside.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced near the 20EMA support but RSI is still at resistance.
On the H4, DXY had a nice rebound yesterday. Price actions is mixed. If price dropped back and closed below the ascending trendline, it will trigger a h&s for lower downside.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.