DXY - 21Mar2022
On the H4, price bounced and faced bearish pressure from the 50MA and 1st Resistance at 98.70. Price action is quite mixed for now and need further confirmation on whether Wave 5-(IV) complex correction have completed.
In the case that the price breaks below 97.79, wave count will be invalidated.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price bounced and faced bearish pressure from the 50MA and 1st Resistance at 98.70. Price action is quite mixed for now and need further confirmation on whether Wave 5-(IV) complex correction have completed.
In the case that the price breaks below 97.79, wave count will be invalidated.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.