DXY weakness expected
DXY 1h chart
Price is expected to make a pull back to the downside targeting at least 50% of the rally before making any bullish move. It must be noted that on HTF price is in a downtrend and this rally is taken as a pullback to daily supply area and we can see a leak of buying momentum kicking in area this supply area. Looking for selling opportunities at the moment.
Price is expected to make a pull back to the downside targeting at least 50% of the rally before making any bullish move. It must be noted that on HTF price is in a downtrend and this rally is taken as a pullback to daily supply area and we can see a leak of buying momentum kicking in area this supply area. Looking for selling opportunities at the moment.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.