DXY - Week Commencing 3/9/21
WEEKLY: Price closed exactly on the previous swing low's level @ 92.100
DAILY: Ascending channel broke to the downside, now retesting a support level, thus further continuation to the downside may be taking place towards 91.525 (coinciding with HTF 50 EMA).
H4: Price may push higher momentarily until the 61.8% Fib retracement (coinciding with a further level of resistance), before pushing lower as illustrated by the HTF picture.
WEEKLY: Price closed exactly on the previous swing low's level @ 92.100
DAILY: Ascending channel broke to the downside, now retesting a support level, thus further continuation to the downside may be taking place towards 91.525 (coinciding with HTF 50 EMA).
H4: Price may push higher momentarily until the 61.8% Fib retracement (coinciding with a further level of resistance), before pushing lower as illustrated by the HTF picture.