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Popeson
Feb 28, 2023 11:14 AM

DXY 4hr bearish Short

U.S. Dollar Currency IndexTVC

Description

Though i was expecting DXY to get to the resistance key zone marked in yellow above before retracement, but price broke the support of the trend line and it has closed below. I'm changing my bias to a bearish move except market conditions change due to fundamental news in the next few days

Comment

Comments
JoeChampion
Well done mate, i will consider the retrace!
TheCryptagon
Not the most common proposition based on the current market conditions. Generally, it is possible assuming all arguments work out, so thumbs up just for this!
Popeson
@TheCryptagon, thank you.

Yes sometimes market does what it wants to do despite many people's projection
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