By watch the DXY chart for over 2 week i came up with the prediction that this pair will go to 1405.00 before going up to 1500.00
Note
on the xauusd the day chart has an engulfing red candle, then i watched the 5min all day i notice a resistance rejection at 1425.13 happened 5-7 times. Also im looking at this engulfing candle on the 1h after the US session closed. I also drew a trend line on the 1H from 1446.80 to 1424.49 where it did not break n pushed back down.Note
1H trend line rejection and down we go again
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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.