Hello traders! although this move has already started happening, I just wanted to share this entry I made on DXY. From my previous post, I expected DXY to go lower but, due to change in price action structure, my strategy suggested this entry. The marked resistance area has been tested multiple times and I think that due to the current movement around the area, it...
DXY has a high probability of falling. It has shown a reaction to the marked resistance area, we wait for the move to be concluded, expect a retracement and go short on a favorable candlestick pattern. FOLLOW FOR MORE DOLLAR RELATED ANALYSIS