A DXY slip below 105.30 USD may signal short term sellers of USD

The DXY closed off yesterday with a beautiful 1D bearish candlestick after making a 3rd touch of the steep rising channel resistance band. The Greenback buyers may take a little break from these levels and a slip below 105.30 USD may be a signal that short term USD selling is on the horizon, with confirmation being on the break of the channel's support band.

To the downside targets will be 104.10 USD, 102.90 USD and 101.50 USD.

Like, comment and follow if the above brief analysis was helpful to you.