DXY is trading in a short term tentative bearish parallel channel. Two senarios can play here
1. Bears Control - DXY take a hit from parallel channel and drop to support level.
2. Bulls Control - Price break sharply above the parallel channel and meet its recent high.
Trade your levels accordingly.
1. Bears Control - DXY take a hit from parallel channel and drop to support level.
2. Bulls Control - Price break sharply above the parallel channel and meet its recent high.
Trade your levels accordingly.
