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DXY (Dollar Index): Signs of Weakness (forecast)



hey traders,


it looks like 🔻dxy returns to a bearish trend again.

after a quite impressive growth from 6th January, yesterday the price broke below a support line of a bearish flag pattern on 4H.


that breakout may be a perfect trigger for the initiation of a new bearish wave.


for now, I expect a continuation to 90.0/89.25 levels, but we must remember that the global trend is bearish and indexes may continue falling in value.


please, support this idea with like and comment! thank you!

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