DXY Technical Analysis – Bearish Bias
Market Structure: The price attempted a recovery but failed to break above a strong supply/resistance zone around 99.30–99.40.
Price Action: A rounded bottom (U-shape) move formed, but instead of continuation, the price rejected the resistance and started to fall.
Market Structure: The price attempted a recovery but failed to break above a strong supply/resistance zone around 99.30–99.40.
Price Action: A rounded bottom (U-shape) move formed, but instead of continuation, the price rejected the resistance and started to fall.
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Disclaimer
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.