Bearish DXY move to 93.5???
Just as previous stated in the previous analysis:
-I was expecting price to make make a bullish retracement and test the former neckline/area of support.
-Price found some bullish momentum and tested this area which is now acting as resistance.
-Also price retraced and is now respecting the 61.8 Fibonacci level.
-This also give indication that price is ready to make a bearish push.
I am expecting price to drop possibly to 93.5 area.
Like, Comment, Follow for more. If you see something different or disagree, feel free to post your own analysis in the comments!
-I was expecting price to make make a bullish retracement and test the former neckline/area of support.
-Price found some bullish momentum and tested this area which is now acting as resistance.
-Also price retraced and is now respecting the 61.8 Fibonacci level.
-This also give indication that price is ready to make a bearish push.
I am expecting price to drop possibly to 93.5 area.
Like, Comment, Follow for more. If you see something different or disagree, feel free to post your own analysis in the comments!
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.