From our analysis, it seems DXY broke out from the bearish channel resistance and with bearish impulse waves
it is expected to bearish more in the upcoming sessions to reach the targets of 93.26 first and then 92.81 respectively
Therefore the bearish trend would continue on holding below the key resistance
On breaching the key resistance will push the price towards 94.30
Expected day trading range is between 93.63 and 93.14
Expected today trend: bearish
it is expected to bearish more in the upcoming sessions to reach the targets of 93.26 first and then 92.81 respectively
Therefore the bearish trend would continue on holding below the key resistance
On breaching the key resistance will push the price towards 94.30
Expected day trading range is between 93.63 and 93.14
Expected today trend: bearish
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.