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Singkat

All Signs Point Down-Town for DXY

82
DXY has been on such a meteoric rise!! BUT all things that go up, MUST COME DOWN!! and boy isn't that true in the markets!!

On the 4Hr Chart, I have DXY finally showing a Bearish Break to the Pennant it has been in which signals to me Bears could definitely be stepping in. Accompanying the Pennant is the ever so famously-known Head and Shoulders Patterns strengthening my Bearish Bias!

Now if this break isn't a False one, we could see DXY traveling down to as far as the 104.761 - 103.463 range Fib'd from the Low to the Height of this ChoCh move!

-With my Bearish prediction for DXY, if support is in search, I believe it'll be found in this range! But as we all know, MARKETS DO WHAT THEY WILL! Be Vigilant.

*Look for my Bearish Bias USD Supported trade ideas out as well!

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