DXY Short Term Idea
Updated
Short on DXY taken on Sunday stops set at previous high as we have respected the fib resistance as expected with soft NFP data. with the recent daily closure i can see DXY coming back down to the ascending trend line for a chance at a Break or Bounce scenario.
Trade active
DXY has come to my entry but i am still holding my positions as you see the next daily candle recovered all the gains and more i see DXY coming down furtherTrade active
Expecting a pullback to the yellow zone before going lower. Due to upcoming bank holiday we will have low volume and expecting bearish momentum to pick up next week
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