DXY Current Situation - 21/Oct/2020

Hello Traders,

Hope you all are doing good!!

We have made a nice profit on our last trade of DXY (link is attached below). Congrats to who has taken that trade.
Right now i am looking the price rejection from the 9 years old trend line.
The index facing a bearish pressure however the long term support can hault the down rally & make it bounce back to the 94 level in long term.

I will look for price action in terms of weekly closing candle & will update accordingly the next trading plan.


Please follow me and like if you agree or this idea helps you out in your trading plan.

Disclaimer: This is just an idea. Please do your own analysis before opening a position.