DXY 105.50... where to now!!

7 Kas 2023

See previous post, price expected to break out above 107 but instead broke down to 104.88.

DXY is still in a consolidation range 104.88-107.34. Tough call on DXY, sidelines for now.

Expectation:
1. If price breaks below 104.88 then 103.48-102.62= support
2. Consolidation between 104.88-107.34,break out above 107.34= 108.36-109.44 or higher.

Ideal for short term trading.

22 Kas 2023

Not

On the 7th I had wrote this and was expecting the market to go higher instead DXY consolidated lower to 103.18.
Expectation:
1. If price breaks below 104.88 then 103.48-102.62= support
2. Consolidation between 104.88-107.34,break out above 107.34= 108.36-109.44 or higher.
DXY is in consolidation mode now break above 104.60 then 105.33 to 106.00 probable.
break below 103.18 then expectation drops to 102.00-101.21