DXY might go down by 3% to 5%

After the highs of 107+ price , since price went bearish that has created a monthly bearish FVG that is marked in orange , price after reaching 101 lvl mitigated the open Bullish FVG on higher time frame, which leads to price bouncing back towards the zone of Bearish FVG

currently price is getting rejected and due to higher time frame giving the bearish bias
with run away gap from monthly bearish FVG

DXY need to go down sweep some liquidity and mitigate the 98 lvl which bullish open fvg

Kommentar:

price already got rejection from 105 that was htf fvg