As you could see in the chart, the DXY made an ascending channel last week. It hit multiple highs and evened out with a slight retracement. It now stands in a level that could see major confluence in direction it'll possibly go to. A break in any direction from an ascending channel can adjust your possibly entries in either longs or shorts in this upcoming week with the DXY.


'ONLY AN IDEA'
and happy trading.



Trend Analysis

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