DXY - Medium Term Overview - MUST SEE 🌟

DXY has been in a steady uptrend with multiple bounces off the ascending trendline. There were plenty of opportunities to use DXY to make incredible gains on USD pairs.

We may have yet another opportunity to use DXY to get that extra confluence when trading USD pairs.

We recently broke the ascending trendline and in a bearish pennant. It is likely that we will be bearish back to the ascending trendline where we have mutiple confluences supporting the bounce - as indicated on the chart.

Trade Idea:
- Look for USDXXX Short ideas and XXXUSD Long ideas
- Correlate your chart with the DXY chart so that you can get in and out at the right moment

Hope this helps. Let me know your thoughts below.

Goodluck and as always, trade safe!