Just idea for the next few weeks.
The DXY has been ranging from the 90.9 and 90.0 levels, consistently testing these range highs and lows as identified on the chart.
The DXY currently sits at mid range. Is it going to push down to retest the support level allowing the RSI to reach 30% oversold, before rejecting and bouncing back to break the current down trend on the weekly and daily? let me know your thoughts.
I do not claim to be an expert in anyway and am currently learning. Trade at your own risk.
The DXY has been ranging from the 90.9 and 90.0 levels, consistently testing these range highs and lows as identified on the chart.
The DXY currently sits at mid range. Is it going to push down to retest the support level allowing the RSI to reach 30% oversold, before rejecting and bouncing back to break the current down trend on the weekly and daily? let me know your thoughts.
I do not claim to be an expert in anyway and am currently learning. Trade at your own risk.