DXY - 14Jan2022
DXY - 14Jan2022
On the daily / weekly, it is coming into ascending trendline support. It may have a bit more downside to drop to 1st Support at 94.525 which coincides with previous breakout level. But we could expect a short-term bounce soon.
On the H4 time frame, priced dropped lower to support. There might be a slight chance the price could drop further to major 1st Support at 94.53 before a bounce occurred. Stochastic is also at support where previous bounces occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily / weekly, it is coming into ascending trendline support. It may have a bit more downside to drop to 1st Support at 94.525 which coincides with previous breakout level. But we could expect a short-term bounce soon.
On the H4 time frame, priced dropped lower to support. There might be a slight chance the price could drop further to major 1st Support at 94.53 before a bounce occurred. Stochastic is also at support where previous bounces occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
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