DXY - 21Feb2022
On the daily, last week's price action was just consolidating sideways as options expiration took place. Will need to wait out for further clarification.
On the H4, price faced bearish pressure from the 61.8% Fib resistance at 96.15. It is expected to face further bearish pressure if price bounce up higher to 78.6% Fib resistance + small gap fill around 96.270 area.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, last week's price action was just consolidating sideways as options expiration took place. Will need to wait out for further clarification.
On the H4, price faced bearish pressure from the 61.8% Fib resistance at 96.15. It is expected to face further bearish pressure if price bounce up higher to 78.6% Fib resistance + small gap fill around 96.270 area.
This is for personal record purposes only, not financial advise or solicitation of trade.