#INDEXES DOLLAR INDEX (DXY) Trend Reversal & Strength hey t | VasilyTrader (Free Forex Signals)
#INDEXES DOLLAR INDEX (DXY) Trend Reversal & Strength
hey traders,
it looks like we finally see a confirmed bearish trend violation and reversal on DXY .
from 6th of January, we see the zigzag movement with 89.1 initial low, equal high retesting the December's lower high, higher low and finally a new higher high higher close on a daily yesterday.
it is a classic price action reversal formation.
now in the mid-term, I expect more strength to the dollar.