- DXY has made a bearish move after touching the upper ascending trend-line of an ascending channel formation
- Price is nearing the lower descending trend-line where we could see 2 scenarios
1. Price rejects the lower trend-line and moves back to the upper trend-line
2. Price breaks lower trend-line and continues bearish momentum
Watch for price action around the lower trend-line to gauge what might happen
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- Price is nearing the lower descending trend-line where we could see 2 scenarios
1. Price rejects the lower trend-line and moves back to the upper trend-line
2. Price breaks lower trend-line and continues bearish momentum
Watch for price action around the lower trend-line to gauge what might happen
THIS IS NOT TRADE ADVICE NOR A TRADE CALL