Evening Traders,
Today’s analysis, \
Initial reaction bullish from support, if price action continues to hold around these regions, it will increase the probability of rotating back to the highs.
The .618 Fibonacci has been respected with local bullish price action; continued bullish impulses are needed for a continuation up.
Overall, in my opinion, the DXY is a valid long with defined risk, price action is to be used upon discretion/ management.
And remember,
“The mind is a fascinating instrument that can make or break you.”
― yvan Byeajee