DXY hit support yesterday and weekly BZ, with price action looking bullish now on H1. Looking for further upside to 103.70; 104.04 could trade but IMO less likely. Very likely should see DXY weaken further today due to bearish price action yesterday.
A close above daily BZ at 103.70 would however be much bullish and that could set up for explosive DXY upside next week. Overall, long term am still bullish dollar but might see a pullback first before further up.
A close above daily BZ at 103.70 would however be much bullish and that could set up for explosive DXY upside next week. Overall, long term am still bullish dollar but might see a pullback first before further up.
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