In lower timeframe, DXY was seen to rebound from minor support while it was going down from recent Jerome Powell news, and recovers few minutes later, back to its range price. From there it does not continue to break the highs and retrace back down. From here onward it is not clear where the price will move therefore the best options is to wait the price to...
As LTCUSD price rushes into new high today, it is expected to make a correction and slight bounce from the second trendline. Observe the path, if however, the price does not obey the retest and the lower low shown on the path. Means the price had disobey this analysis. Happy trading. Thanks for the like.