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DXY: Expecting TOP formation soon
U.S. Dollar Index
Short
DXY: Expecting TOP formation soon
By Trader_MNJ
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Updated
Aug 14, 2022
3
Jul 6, 2022
US Dollar index is pumping continuously and now I feel it has reached its supply zone for now. So I am expecting reversal soon.
As of now it is in supply zone so if it breaks down below 104.125 and retest and faces rejection then it would make deviation and break down further.
Invalidation: If it reclaim and hold above 109.x then it would invalidation of this idea.
Aug 14, 2022
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DXY
Supply and Demand
Trader_MNJ
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