DXY (Dollar Index): Signs of Weakness
hey traders,
it looks like dxy returns to a bearish trend again.
after a quite impressive growth from 6th January, yesterday the price broke below a support line of a bearish flag pattern on 4H.
that breakout may be a perfect trigger for the initiation of a new bearish wave.
for now, I expect a continuation to 90.0/89.25 levels, but we must remember that the global trend is bearish and indexes may continue falling in value.
please, support this idea with like and comment! thank you!
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