DXY THE BEARS ARE NOT DONE YET! PRICE ONLY PULLING BACK!
That rising wedge formation is very much still in place. What we are witnessing now is just a classic break and retest of broken support. Which price is now retesting as newly formed resistance.
On retest of daily supply, use the necessary confirmations to validate for shorts.
And remember to apply correlation. Analysing DXY means you have analysed most dollar pairs.
Good luck!
On retest of daily supply, use the necessary confirmations to validate for shorts.
And remember to apply correlation. Analysing DXY means you have analysed most dollar pairs.
Good luck!