DXY Remains Bullish As Long As....

Wait 5 sec.

DXY Remains Bullish As Long As....U.S. Dollar Currency IndexTVC:DXYSamCu55The External Structure for DXY remains bullish as long as the market is respecting the last higher low at 97.659. Market did make very aggressive downward moves and price dropped from 99.693 to 98.546, all within a week! However, market is showing a support at the level where imbalances were just below the level it is showing rejection! A change of character on the 1H or 4H timeframe can confirm if we continue with the upward trend. Similarly, if the market breaks last external higher low at 97.659, we may see US Dollar sliding down even further!