DXY - 25Oct2021
On daily timeframe, price is consolidating below 20EMA. There could be potentially bearish pressure to 1st Support at 93.24.
On the H4 time frame, price action is mixed. Even with the negative bullish divergence, DXY was not able to bounce yet.
It could drop to 1st Support at 93.44 before a bounce.
This is for personal record purposes only, not financial advise or solicitation of trade.
On daily timeframe, price is consolidating below 20EMA. There could be potentially bearish pressure to 1st Support at 93.24.
On the H4 time frame, price action is mixed. Even with the negative bullish divergence, DXY was not able to bounce yet.
It could drop to 1st Support at 93.44 before a bounce.
This is for personal record purposes only, not financial advise or solicitation of trade.