With DXY, we are into a continuation of a downtrend which will continue further to make a inverse head and shoulders on a weekly time frame from where we'll again see dollar rise.
But for now, as we move forward for the next week, if the price tests 94.35 price zone, it will be a nice place to look for bearish price action in DXY with the target for the week at 93.41 and 93.21 respectively.
The bearish setup is a very high probability setup for the upcoming week.
But for now, as we move forward for the next week, if the price tests 94.35 price zone, it will be a nice place to look for bearish price action in DXY with the target for the week at 93.41 and 93.21 respectively.
The bearish setup is a very high probability setup for the upcoming week.