DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Currently we are bullish on DXY and we can see price action is bouncing between two 4hour zones.
The most likely scenario is that price action will bounce off current support near 98.000 and head toward 99.300 resistance area.
Trade scenario 2: For us to consider DXY bearish we would need to see a break of 98.000 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Currently we are bullish on DXY and we can see price action is bouncing between two 4hour zones.
The most likely scenario is that price action will bounce off current support near 98.000 and head toward 99.300 resistance area.
Trade scenario 2: For us to consider DXY bearish we would need to see a break of 98.000 with a lower high below.