DXY has printed multiple bearish signs.
First the Index has got rejection from falling trendline.
Secondly it has printed Head and Shoulder pattern and price has already broken below neckline.
The neckline has a confluence with 0.23 fib level.
Recently the price has retraced to 0.618 of recent bearish fall and bears took control from that level.
Now the price has retested broken trendline and also broken below the neckline.
Manage your trades accordingly.
First the Index has got rejection from falling trendline.
Secondly it has printed Head and Shoulder pattern and price has already broken below neckline.
The neckline has a confluence with 0.23 fib level.
Recently the price has retraced to 0.618 of recent bearish fall and bears took control from that level.
Now the price has retested broken trendline and also broken below the neckline.
Manage your trades accordingly.
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