DXY - 1W - Possible topping out!
Updated
Not a financial advisor!
DXY was rejected from a multi year ascending trendline and the 100 level!
DXY needs to break previously year highs to continue bullish.
Therefore I am bearish until DXY breaks previous yearly highs!
DXY was rejected from a multi year ascending trendline and the 100 level!
DXY needs to break previously year highs to continue bullish.
Therefore I am bearish until DXY breaks previous yearly highs!
Note
Waiting to see the reaction at previous yearly highs!Note
I believe it is here where I must say I might be wrong!Waiting to see further developments on the chart!
But still concerned that DXY might still go higher!
Trade closed: target reached
Note
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