Dollar Index (DXY) Bearish Pennant Formation
Dollar Index before the Big Day of Election looks bearish on the 4 Hour Chart.
If the Pennant that is in progress plays out we are going to Channel support on the weekly chart which is around $96 which is the exact target of pennant forming.
Break of $97 will clear the way for $96-$95.50
Thanks
Happy Trading
If the Pennant that is in progress plays out we are going to Channel support on the weekly chart which is around $96 which is the exact target of pennant forming.
Break of $97 will clear the way for $96-$95.50
Thanks
Happy Trading
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