DXY Time to Pullback
After a significant sharp drop, US dollar index approached to the support level and got rejected from it.
Currently, price is being pushed to the upside and is facing bullish pressure. It seems it is entering to the correction phase and is likely to pullback to the yellow resistance area.
I think we might see some upside retrace and strength on US dollar for a while.
I expect a pullback towards the yellow zone which is between 107.700 - 108.600
Currently, price is being pushed to the upside and is facing bullish pressure. It seems it is entering to the correction phase and is likely to pullback to the yellow resistance area.
I think we might see some upside retrace and strength on US dollar for a while.
I expect a pullback towards the yellow zone which is between 107.700 - 108.600
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