DXY - 15Nov2021
On the weekly, price surged towards 200MA for the first time since Jul20 and is now coming into resistance. We should expect a pullback this week.
On the H4 time frame, price is at resistance. We could expect it to pullback to at least 1st Support at 94.805 before further upside. Stochastic is also at resistance where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price surged towards 200MA for the first time since Jul20 and is now coming into resistance. We should expect a pullback this week.
On the H4 time frame, price is at resistance. We could expect it to pullback to at least 1st Support at 94.805 before further upside. Stochastic is also at resistance where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.