DXY - 19Jan2022
On the daily, price bounced above descending trendline and towards 20EMA where it is expected to face bearish pressure down to the trendline support around 95.40.
On the H4, price bounced to resistance at 95.80 which was also the previous breakdown area. We could expect the price to pull back to at least 1st Support at 95.23
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced above descending trendline and towards 20EMA where it is expected to face bearish pressure down to the trendline support around 95.40.
On the H4, price bounced to resistance at 95.80 which was also the previous breakdown area. We could expect the price to pull back to at least 1st Support at 95.23
This is for personal record purposes only, not financial advise or solicitation of trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.