DXY CORRECTION TO START

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

DXY QUICK UPDATE 📚


👉 As we can see price is now trading inside this falling channel from a medium-term perspective, making clean lower lows and lower highs as well.


👉Moreover, price is approaching a massive zone, support and our lower bound of this channel acting as an over-sold zone, where we will be expecting a correction movement to start.


Meanwhile, for the bulls to take over, we need a break above the marked major swing high, then a movement higher would be expected. 📚


Until that price can still trade more lower before reversal.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!