Dollar Index (DXY): Bearish Outlook After News ๐ต
https://www.tradingview.com/x/aXxdafb5/
Today's US fundamentals are very bearish for Dollar Index.
After a test of a key daily horizontal resistance,
the price formed a strong bearish imbalance
and violated a support line of a rising wedge pattern on a 4H time frame.
I think that the fall may continue.
Next support - 104.9
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Today's US fundamentals are very bearish for Dollar Index.
After a test of a key daily horizontal resistance,
the price formed a strong bearish imbalance
and violated a support line of a rising wedge pattern on a 4H time frame.
I think that the fall may continue.
Next support - 104.9
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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