I make my technical analysis based on the 4 hour chart. Anyone can use this chart as a guide to learn on how I make my technical analysis but the risk is yours to keep. If you are a Fx trader (I am sure your are) and have knowledge of support/resistance, you should be able to read my chart easily. You can also use the chart on a lower time frame if you wish to do...
DXY is on the move down after anticipated double top that just extended a little to the top side before reversing down. I am hoping to see DXY going lower with a slight pull back to reconfirm top support...
DXY have bounced off from the top resistance trend line before and I am looking out for a double top to form another rejection of trend line again...
The bull DXY seems rejected from trend line. I am hoping to see DXY going down next week...