Dxy- Stalling near hights

2022年9月20日

After the strong reversal from near the ascending trend line, DXY managed to get back above resistance, but the index is lacking conviction and is unable to continue.
Instead, DXY is stalling and is putting in Pin Bars on our daily chart.
This can be an indication that a correction could follow and a break back under resistance, now support would bring confirmation.
I've become slightly bearish on USD for now.
Wait and see is my approach on Usd pairs