US Dollars
DXY
is back at the resistance trendline, after some momentum move in the past few days. I expect a rejection at this level which would bring the price down.
However if price breaks through the resistance and closes above the trendline, i will conclude that the downtrend season is over and price will continue rally to the upside.
But my bias is a short if price is rejected at this zone
DXY
is back at the resistance trendline, after some momentum move in the past few days. I expect a rejection at this level which would bring the price down. However if price breaks through the resistance and closes above the trendline, i will conclude that the downtrend season is over and price will continue rally to the upside.
But my bias is a short if price is rejected at this zone