POTENTIAL LOWER PRICES FOR THE DXY

Aug 25, 2023

I see lower prices to come but I can also see the possibility for buys in the near future. The price is at a nice level of resistance that has shown to be hard for the dxy to break. We also see lower highs and lower lows being printed on this time frame. I see shorts and longs here but at the present moment I’m looking for sells to complete a bigger set up for buys. It’s still a possibility that the price can continue upward and start breaking highs so I look to lower time frame price action to give me a better picture of what the price is more likely to do at this level.