Possible Sell Trade in DXY, Bearish Signals (D1)
There may be a sell move for The Dollar Index, encountered resistance at 90.92
Clear 12345 Elliot Wave - Bearish Impulse followed by correction.
Will DXY maintain its strength?
EMAs levelling and maybe be in the process of converging and MACD showing signs of Divergence in the Daily.
Clear breakout of channel will be surefire confirmation.
Possible target of approximately 80.25 which was February's support.
All the best!
Clear 12345 Elliot Wave - Bearish Impulse followed by correction.
Will DXY maintain its strength?
EMAs levelling and maybe be in the process of converging and MACD showing signs of Divergence in the Daily.
Clear breakout of channel will be surefire confirmation.
Possible target of approximately 80.25 which was February's support.
All the best!
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