U.S. Dollar IndexShort
US Dollar Downside Pressure and Drop
It is very clear on the 4H time frame that the US dollar index is facing bearish pressure and has started a downtrend.
We can see that the bearish candles are very strong and powerful.
Price is in the correction phase right now and is retracing the previous bearish move with weak bullish candles.
I expect a downside move and drop on DXY to the support level at 103.3 and maybe even more to 103.027
What do you think? Please share!
We can see that the bearish candles are very strong and powerful.
Price is in the correction phase right now and is retracing the previous bearish move with weak bullish candles.
I expect a downside move and drop on DXY to the support level at 103.3 and maybe even more to 103.027
What do you think? Please share!
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