Update Bullish Bat DXY
Some more details to the potential bullish bat on DXY: formation of bull flag, possibly going down to 79.96 or 0.618 fib retrace of last move up before bouncing, which is also the midpoint of the weekly marabuzzo candle (blue rectangle). Other option: downdraft continues to 1.618 extension of move down since 81.48 which is at 79.73 before bouncing.
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.