The candle is trying to break the downtrend channel.
Let's see if the confirmation is clear then we can go for long position.
Combine to the tension below of EUR and USD, its hard for the fundamentalist o predict the trend
1. The US is looked like recovering nicely since the pandemic fading - Bearish
2. The US claiming the inflation due to logistic but we can see...
Outlook of DXY next 10 days - Price action appproach
Since the DXY is losing the attraction for a week. It can be decrease to the level 0.618 or 0.5 of Fib Retreacement and bounce back to the R level since Oct.20.
Let's see what will happen and see my update