Tradersasi23

DXY - Important level of support

TVC:DXY   U.S. Dollar Currency Index
Price after the big indecision candle bears took the control and the price keeps on falling from the top. It was expected to take control from the trend line instead it breaks the trend line and retest to fall further.

Price is on the support level and in the lower time frame price is forming Falling wedge pattern at the important support level and it is expected to break up. Overall market condition is looking bad for the Bulls.


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Comments

Yes I agree,I was also waiting for this move on the higher time frames,Plus considering how the US dollar is getting impacted through fundamentals ,Its a Gonna be a good short run For USD
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