DXY has been range-bound for a period of time now, bottoming out with little signs of a trend.
Signs of a breakout of the bear trend. Targets set for a test of the previous range highs.
Signs of a breakout of the bear trend. Targets set for a test of the previous range highs.
Comment:
Price has failed to retest structure low and has retested the bearish trend line. We now wait for the bulls to take the role reversal and head north.