U.S. Dollar IndexShort
DXY Short
This currency has been forming a descending flag, broke out of the structure and retested the higher high formed last week.
It has made a false break out (liquidity grab) and I anticipate that the price will build a bearish momentum to fill the second gap created by the previous week bullish impulse.
An analysis will follow using a shorter time frame.
It has made a false break out (liquidity grab) and I anticipate that the price will build a bearish momentum to fill the second gap created by the previous week bullish impulse.
An analysis will follow using a shorter time frame.
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