Trader_Rasin

DXY| Q4 FORECAST 01-OCT-2023

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Dollar Index is approaching 108.00 inflection point where I think it would fill before we sell of all the way to the lows at 100.00 price level which is the completion of the expanding bearish pattern. But there is many scenarios we should expect before the market finds the bearish tune itself, first could be a bearish pullback to 104.00 area to test prev structure and then comeback to fill the gap at 108.00 or we now fill it and sell off as I draw. Keep in mind that the market can reverse right now as we have taken out the liquidity area at 106.00 key levels.

Let me know what you think in comment section, Like and Share.

Much appreciated.
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