By watch the DXY chart for over 2 week i came up with the prediction that this pair will go to 1405.00 before going up to 1500.00
Comment:
on the xauusd the day chart has an engulfing red candle, then i watched the 5min all day i notice a resistance rejection at 1425.13 happened 5-7 times. Also im looking at this engulfing candle on the 1h after the US session closed. I also drew a trend line on the 1H from 1446.80 to 1424.49 where it did not break n pushed back down.
Comment:
1H trend line rejection and down we go again