Here we had price descending in a Downward Channel until it broke out recently. Price formed an Ascending Triangle before it broke out. After the breakout price has came back to retest the Channel and Triangle. Price loves to retest broken structure before it continues it's trend. I'm expecting DXY to rise 1st Target is 101.30 and as for my second Target 102.00.
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.