Temporary bullish movement

3 thg 8, 2020

After a bearish month, filled with downtrends, the possibility that DXY could see a temporary reversal to the long side for the first week or the month of august to form a pullback to continue the downtrend. The three arrows indicate fib levels of potential reversal or resistance, the last two on a trendline. USD can possibly show strength for the time being. I am not a financial advisor and this is all speculation. What are your thoughts?