PA is trying to make it further down but is meeting a lot of resistance. DXY is also about to hit the first 61.8 . From here, PA could keep dropping down, but more likely we will see a retrace up to hit the blue buy cluster and red sell cluster before the final drop. Will wait and see but overall still biased.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.