Falling wedge or falling channel DXY remains in a downtrend unless 104 breaks convincingly. With RSI approaching oversold and PA being at the trendline it's likely we see rejection from here.
Headlines for overall markets are very fearful - while bullish on the DXY.
Be greedy when others are fearful and PA/RSI are approaching resistance my friends.
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.