The #DXY recently exhibited minimal movement reflecting a relatively stable global market. However following Friday's closing we witnessed a sharp upward movement accompanied by a significant downturn in the markets. This pattern suggests a potential fake out on the daily timeframe while the weekly chart indicates a rejection at higher levels. Given these dynamics it is reasonable to anticipate continued fluctuations in the DXY with a target range potentially reaching between 104.87 and 105.18.
