Short on DXY taken on Sunday stops set at previous high as we have respected the fib resistance as expected with soft NFP data. with the recent daily closure i can see DXY coming back down to the ascending trend line for a chance at a Break or Bounce scenario.
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DXY has come to my entry but i am still holding my positions as you see the next daily candle recovered all the gains and more i see DXY coming down further
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Expecting a pullback to the yellow zone before going lower. Due to upcoming bank holiday we will have low volume and expecting bearish momentum to pick up next week
