DXY is trading in a downtrend.
The price is making lower lows and lowers highs.
Now the price has approached to 200MA on daily time frame.
The bulls shown positive momentum at support zone .
The price has also formed double bottom on shorter time frame.
The price has also printed Butterfly's Harmonic pattern .
If the support has been hold then bulls can pull the price to the next horizontal resistance.
Manage your trades accordingly.
The price is making lower lows and lowers highs.
Now the price has approached to 200MA on daily time frame.
The bulls shown positive momentum at support zone .
The price has also formed double bottom on shorter time frame.
The price has also printed Butterfly's Harmonic pattern .
If the support has been hold then bulls can pull the price to the next horizontal resistance.
Manage your trades accordingly.
