DXY is in ascending broadening wedge and following up from previous long positiom ideas, I am seeing that DXY might take pause and move down.
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potential bearish divergence detected in H1 timeframe
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if the hourly chart closed below 106.1 then the trade will be active
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Powell comment yesterday give some fresh confident that rates will be higher for longer in US.
At the moment DXY is still not able to break the support trendline.
At the moment DXY is still not able to break the support trendline.
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Mekar Trading Forex by Andrey Kurniawan
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Other contacts: linktr.ee/mekartrading