USD (DXY) is Strong, for now....
Updated
Looking at the US Dollar Index (DXY), USD is showing strength, breaking structure to the upside. It has entered a 4H bearish OB, and we are going to monitor it behavior here. Will it reverse soon? There is huge potential for that to happen. Price may show weakness in the next 48hrs, but for now, I would play the xxxUSD pairs to USD strength.
Comment
This is what Monday brings. Misdirection.Was strong, now weakening. Breaking short term lows now.
This is with NYSE Open volume pushing it.
Careful folks.
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