Although much analysis shows a bullish US dollar, the Ninja price action shows some fatigue getting close to a strong resistance level.
Additional, checking on DXY daily candles yesterday, it closed with a solid bearish candle forming a tweezer top pattern, unable to break the 90.30 handle for a potential pullback confirmation.
Let's wait for confirmation once the price reaches the 110.700 level. I am with a bearish bias from a technical point of view. Set your alerts.
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Additional, checking on DXY daily candles yesterday, it closed with a solid bearish candle forming a tweezer top pattern, unable to break the 90.30 handle for a potential pullback confirmation.
Let's wait for confirmation once the price reaches the 110.700 level. I am with a bearish bias from a technical point of view. Set your alerts.
--
*** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***
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