DXY Drop expected due to clear head and shoulders formation and several rejections on the H1 time frame. Also, there is confluence in indicators on Daily and H4 charts for a halt in the up-trend.
Trade ativo:
steady drops
AS YOU CAN SEE ABOVE THE 94.30 LEVEL IS HOLDING AFTER FORMING THREE CONSECUTIVE HEAD AND SHOULDERS PATTERN ON THE HOURLY CHART. A BREAK BELOW THIS LEVEL SIGNALS MORE DOWNWARD MOVEMENT.
PRICE CURRENTLY MOVING BETWEEN 94.30 AND 94.90