DXY ZOOMED OUT PICTURE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

DXY Zoomed Out Picture.

As we can see price is still around a massive resistance zone and we are still expecting new bearish movements.

Meanwhile, from a shorter-term perspective price is still overall bullish trading inside this channel making clean highs and higher lows.

However, for the bears to kick in, we need a break below our major swing low, then a movement lower would be expected,

Until that price is still overall bullish and price can still dive more inside our resistance before going lower.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!