We can open Buy if the price will make a false breakout of Support Zone and H12 candle will close above it. But, if it will close below, we should look for Sell entry. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
IMHO, from you chart, looks like it forms a mini head and shoulder pattern which has head @ 99.67 and left shoulder @ 98.93 and right shoulder @ 98.44
97 is the neck line which is important. The support zone @ 97 may not hold. If it dips below 97, DXY can drop much lower
97 is the neck line which is important. The support zone @ 97 may not hold. If it dips below 97, DXY can drop much lower