Possible correction waiting for DXY(7/16/2024)

DXY faced strong bearish momentum after CPI data. In the last few days DXY made a minor correction but the sentiment around USD is still bearish.
We believe DXY continue its downward momentum until it reaches the 13.8 area.
This area has a lot of liquidity, so maybe push the price to a little correction.

Our technical view has been shown in the chart.

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Team Fortuna
-RC

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Chart PatternsDXYdxyshortfortunamarketsfortunamarketsanalysisTrend AnalysisUSDusdshortWave Analysis

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