DXY Dovish move Bear to dominate till end of August
Updated
the dollar has been weakening for a couple of weeks now signifying that there might be a chance the pair is trying to retrace back to its lowest low since last year Dec to mitigate the remaining orders as we await the news release of the Building permit I will be patient to see where the dollar will be facing but for now am with the bears as they will try and push the price down @101.054 or for more aggressive traders who will continue trailing the pair to push way down @99.700 entry I would prefer it to be @ around the 102.160
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Dxy is still bearish as it targets our first projected zone @101.054 as we begin the week so is the soft landing the Dxy dovish move it should not surprise me if we hit the 1st target as we observe the the @100.656.for either a reversal or a bearish rally to mitigate the orders @99.600 but that is just an analysis nothing in forex is for certain as we near The weekly MBA Mortgage Applications are due on August 21 ahead of the publication of the FOMC Minutes and the weekly report on US crude oil inventories by the EIA.lets wait and see how dovish the pair can reach 
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