Olu
Short

DXY: Expecting More Downside

TVC:DXY   U.S. Dollar Currency Index
Comments on the chart
Comment: Price put in a doji candle right on the lower border of the upchannel. I am still looking lower
Comment: We have a breakdown from the channel. Price action is bearish
Comment: Excellent downmove today. There is clear light between price and the upchannel. Still looking lower
Comment: Price bounced strongly today but lost half of the upmove today. I am still bearish. As traders we know (or should know) that price does not go up or down in a straight line in a normal situation
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