The DXY traded with little volatility overnight as the price traded slightly lower to the 102.40 price level but failed to sustain a move lower.
Early in the trading session today, the DXY retraced to retest the 102.60 price area.
Anticipating a continuation of the downtrend if the price stays below 102.60, the DXY could reverse the early retracement to trade down to the 102 key support level again.
Early in the trading session today, the DXY retraced to retest the 102.60 price area.
Anticipating a continuation of the downtrend if the price stays below 102.60, the DXY could reverse the early retracement to trade down to the 102 key support level again.
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