DXY SHORT

Take a look at our analysis for DXY.

Time Frame: 4hr
Current Trend: Bearish
Sentiment: Overbought (based on 14-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 103.499.

The above observations make me that the market will inevitably achieve 101.900 level.

NOTE:
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

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