U.S. Dollar IndexShort
DXY dropping! - Following recent news
Weekly and daily timeframes both suggest the market is well in a downtrend following the recent news events.
I suggest waiting for the next pullback in the downtrend and trying to enter SHORT at the Lower High with your stop loss just above the previous resistance line or the previous Lower Low.
Be sure to do your own research and let me know if you agree.
I suggest waiting for the next pullback in the downtrend and trying to enter SHORT at the Lower High with your stop loss just above the previous resistance line or the previous Lower Low.
Be sure to do your own research and let me know if you agree.
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