DXY is looking pretty bullish now as it already passed through my long term support trendline of the falling wedge. At the same time, it pushed through my green resistance box.
Right now it loos like it can have a sideways movement anywhere in the range of 91.85 (the price of the 21 MA) up to 91.96 (the price of the 9 MA).
If it shall fall below the 21 MA, it can retest 91.60 region again, but overall this is still a bullish movement for the DXY.
I am open for feedback, suggestions and advice. Thanks!
Right now it loos like it can have a sideways movement anywhere in the range of 91.85 (the price of the 21 MA) up to 91.96 (the price of the 9 MA).
If it shall fall below the 21 MA, it can retest 91.60 region again, but overall this is still a bullish movement for the DXY.
I am open for feedback, suggestions and advice. Thanks!