DXY May Rise After Touching The Support Level
Dollar has been weakened in the last weeks after price got rejected by the pattern’s upper side.
I expect the bearish move continues and price falls to the dynamic support level.
IF price drops to this level which is near a demand zone between 90.63 - 91.00 as well,
Then IF there was a strong push by bulls on the support level and at the demand zone, we can expect a rise to revisit 94.
Otherwise, IF the support level broken out to the downside, there will be more drop and weakness on the Dollar index.
I expect the bearish move continues and price falls to the dynamic support level.
IF price drops to this level which is near a demand zone between 90.63 - 91.00 as well,
Then IF there was a strong push by bulls on the support level and at the demand zone, we can expect a rise to revisit 94.
Otherwise, IF the support level broken out to the downside, there will be more drop and weakness on the Dollar index.
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