As you all may know in my previous DXY analysis I shared a bearish trap in the weekly analysis , right now DXY is in a Bearish flag consolidation at our 4H chart and a Bearish Butterfly Pattern.
Also you can see that DXY is losing strength in MACD and RSI indicators divergence indicated in chart, therefore is a good time to go selling short down to 89.9 zone.
Remember that DXYdirectly affects all mayor pairs, therefore you can short selling pairs like USDCHF, USDJPY, USDCAD or short buying in pairs like XAUUSD, EURUSD, GBPUSD.
Also I am glad to share that we are creating a Telegram Group for Forex Advance Helping with no fees and payments, only for forex advanced analysis sharing, If you want to join us, just leave a post in this analysis and I will contact you back.
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