I think DXY wouldnt break down from 93.00 area. theres a strong support since 2015. it might try to make a new low and push it down to 92.00. but the time has arrived for longs. very good opportunity! we will know this week forsure! wait and be patient. Try to buy from as low as possible.
DXY is looking weak couldnt break out its trend line and making a flag before going down. and Euro is also having a flag before the bounce up to 1.13!!!
I think DXY is not ready to break out the trend to go long and continue to fall to make new lows then break out!
it was retracement move from Euro and expecting to fall to 1.10849 and bounce up!
EURO will fall to 11.40 from 11.75??? 35 pips? why not!
I think theres 1 more bounce up to 1.13 in Euro then start to look for short!!!
THE STRONG USD DOLLAR MIGHT BOUNCE TO HIT 97.50 THIS WEEK AND CONTIUE TO FALL !!!!
My opinion is that The Strong US Dollar will fall to 93.50 where theres big support since 2015 and expecting to bounce to 97.50 and will fall back again to 93.50 or lower!
3 corrections in 5 way of structure. go short after break out.
pulling back before the big short. dont miss it!
4h chart going down. moving steady before the storm.
Big reverse is coming. RSI is over bought. reverse hammer on 4h chart