U.S. Dollar IndexShort
#DXY: Bearish Breakout
The overall market structure is bearish
As you can see, the price is moving in a falling channel
Price broke and closed below a very strong demand zone
I believe a bearish continuation would happen after a pullback
To the Demand turned Supply zone.
I'm bearishly biased
As you can see, the price is moving in a falling channel
Price broke and closed below a very strong demand zone
I believe a bearish continuation would happen after a pullback
To the Demand turned Supply zone.
I'm bearishly biased
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.