With December last year, we saw a steady downtrend in the DXY and we'll see it to continue further.
As the price trends below 97.21, there is a possibility that price could retest and then continue back down, but we also have a trend line that is being respected.
As we move forward in the new week, we'll look for price to continue in the downtrend after a minor correction with our target set at 95.37 price zone.
If price breaks our first target, our second target will be at 95.00.
If price breaks our second target, our next target will be at 95.39 price zone.
As the price trends below 97.21, there is a possibility that price could retest and then continue back down, but we also have a trend line that is being respected.
As we move forward in the new week, we'll look for price to continue in the downtrend after a minor correction with our target set at 95.37 price zone.
If price breaks our first target, our second target will be at 95.00.
If price breaks our second target, our next target will be at 95.39 price zone.